Nexo and Amber Group executives claim ‘exponential’ growth in crypto institutional investment By Cointelegraph



During the 8th edition of the Blockchain Africa Conference 2022, Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a virtual panel titled “Cryptocurrency Institutional Investment: Increasing Returns and Improving Diversification.” Panelists Kalin Metodiev, co-founder and managing partner at Nexo, and Dimitrios Kavvathas, chief strategy officer at Amber Group, focused on the opportunities that institutional investors perceive in the blockchain and crypto space, both in Africa and globally.

Nexo is a crypto borrowing and exchange platform that recently started offering crypto custodial services, products and lending services to institutional investors, in partnership with the crypto wing of Fidelity Investments, which is called Fidelity Digital Assets. Crypto trading firm Amber Group recently secured a $ 200 million investmentwhich increased its valuation three-fold to $ 3 billion after a big investment from Singaporean Temasek Holdings.