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Crypto Lender Nexo Acquires Minority Stake in OCC-Regulated Summit National Bank

The deal will enable Nexo to open bank accounts with Summit National Bank, as well as enhancing its other products.

By Jamie Crawley
Updated May 11, 2023, 4:18 p.m. Published Sep 27, 2022, 1:26 p.m.
Nexo co-founder Antoni Trenchev (Shutterstock/CoinDesk)
Nexo co-founder Antoni Trenchev (Shutterstock/CoinDesk)