Flippening - For Cryptocurrency Investors (bitcoin, Ethereum, And Cryptoasset Investing)

Welcome to this conversation with Antoni Trenchev, co-founder and Managing Partner at Nexo, a provider of instant cryptoasset-backed loans and high-yield savings products. Since the April 2018 ICO of their NEXO token, the company has processed over $1 billion dollars in transactions. My conversation with Antoni is split into 5 chapters: Chapter 1: Nexo’s business model and some of its products Chapter 2: The lifecycle of a Nexo loan Chapter 3: A history and evolution of cryptoasset-backed lending Chapter 4: The present state of crypto-backed lending Chapter 5: The future of the space In this episode, we discuss: Antoni’s background prior to Nexo Nexo's origin as a hand-drawn graphic on a piece of paper Bitcoin (BTC) forums & the early days of crypto-backed lending The mechanics of serving customers in 200+ jurisdictions The challenge of complying with diverse US state laws Nexo's zero-fee model – they only make money from loan interest Why Nexo doesn't pay interest on crypto – yet The fortuitous t