Nexo, the Switzerland-based digital assets wealth platform, saw its stablecoin balances climb roughly 7.5% to $8.44 million. The uptick coincides with what the company describes as a broader wave of user growth across its platform, which now serves millions of users in more than 150 countries.
Steady inflows paint a clearer picture
During April and May 2026, Nexo reported average monthly net inflows exceeding $4 million in stablecoin deposits alone. Nexo offers interest rates as high as 14% on certain digital assets and stablecoins, with daily compounding options.
Nexo’s evolution from lender to wealth platform
Nexo was founded in 2018 by Antoni Trenchev and Kosta Kantchev, with headquarters in Zug, Switzerland. The company initially carved out its niche in crypto-backed lending, a product category that let holders borrow against their digital assets without selling them. Nexo now offers interest-bearing accounts, lending services, and a suite of wealth management tools designed to serve both retail and institutional clients.
