Nexo co-founder Antoni Trenchev revealed in an exclusive interview that the cryptocurrency platform remains unconcerned about recent regulatory developments, viewing new compliance requirements as opportunities for growth. Speaking at City Blockchain Week, Trenchev detailed how Nexo has proactively secured various licenses across the United States, positioning the company ahead of evolving regulatory frameworks.
While many competitors have been forced to discontinue certain services in the US market, Trenchev emphasized his significant investment in ensuring Nexo's readiness for what he calls "the era of accountability." This forward-thinking approach, focused on innovation since the company's inception, has given Nexo a competitive advantage in the rapidly changing crypto landscape.
Looking toward the future, Trenchev expressed particular enthusiasm about decentralized finance (DeFi) applications within the metaverse. He predicts that the metaverse will revolutionize digital interaction by creating an entirely new ecosystem rather than simply building upon existing platforms. The Nexo executive hinted at upcoming products related to non-fungible tokens (NFTs) and innovative metaverse-focused offerings that could surprise the industry.
