Nexo Launches Personal USD Accounts to Bridge Traditional Finance and Digital Assets

Nexo, a prominent digital asset management platform, has introduced Personal USD Accounts to streamline the connection between traditional finance and the expanding digital asset sector. Available in 150+ countries, this service allows users to conduct USD bank transfers directly to and from accounts in their name. This initiative is part of Nexo's strategy to enhance its range of multi-currency accounts, which already include USD, EUR, and GBP. By facilitating direct bank transactions under users' names, Nexo aims to enhance transparency and security, particularly for institutional clients and high-net-worth individuals. The integration with SWIFT enables secure cross-border transfers, catering to global businesses and individuals. Future plans include adding domestic transfer options like ACH and Domestic Wire services to better serve US-based clients. With over $7 billion in assets under management, Nexo continues to innovate in the digital asset realm, offering cutting-edge technology and customer-focused solutions.