According to Nexo managing partner Kalin Metodiev, bankruptcy or insolvency does not threaten the Nexo crypto lending platform.
During an AMA session, the firm’s founders, Metodiev and Antoni Trenchev, have commented on the recent rumors about the potential financial insolvency of Nexo.
When asked if the company would be “the next Celsius or Voyager”” the former has stated:
“Insolvency, bankruptcy is by no means the reality of Nexo. We believe, hope, strive and work very hard to ensure a strong and sustainable future for our users.”
He has denied the situation of the platform is very different from the two above-mentioned projects.