- Nexo launches personal accounts in USD, enabling direct bank transfers in USD globally.
- SWIFT integration enables secure cross-border transfers with multi-currency management.
- Nexo plans to add ACH and local wire services for US customers in the future.
Nexo, a leading digital asset management platform, has announced the launch of US dollar personal accounts, an important step towards simplifying the integration of traditional finance with the growing digital asset space.
This new service will be available to users in more than 150 countries, allowing them to directly access US dollar bank transfers to and from accounts in their name.
This is part of Nexo's broader strategy to enhance its multi-currency account offering, which already includes the US dollar, euro and pound sterling.
Bridging the gap between digital assets and traditional banking
The introduction of USD personal accounts marks a major milestone in Nexo's mission to bridge the gap between traditional banking and digital asset management.
By enabling direct banking transactions under user names, the platform provides enhanced transparency and security, especially for institutional clients and high-net-worth individuals looking for easy-to-use and transparent financial solutions.
Elitsa Taskova, Chief Product Officer at Nexo, highlighted that the move provides “independence, transparency and security” to USD top-ups and withdrawals, making bank transfers more accessible and familiar to digital asset investors.
Key Features of Nexo Personal Accounts in USD
One of the key features of Nexo personal USD accounts is their integration with SWIFT, the global financial messaging system. This allows for safe and efficient cross-border transfers, meeting the needs of businesses and individuals operating in a globalized economy.
Additionally, the Nexo platform enables seamless multi-currency management, with users able to handle USD, EUR and GBP accounts in one consolidated view, simplifying asset tracking and removing the need for multiple accounts.
Looking to the future, Nexo plans to expand its offerings with local transfer capabilities, including ACH and local transfer services, to meet the needs of customers doing business within the United States. This will provide more cost-effective and flexible remittance options, providing a complete banking experience to its global customers.
With over $7 billion in assets under management and a track record of over $320 billion processed, Nexo continues to redefine the digital assets space, combining advanced technology, security and customer-focused solutions to empower users around the world.