| Founded | 2018 |
|---|---|
| Closed | 2023 |
| Country | Bulgaria |
| Sector | Crypto |
| Total raised | $0 (bootstrapped) |
| Collapse type | Regulatory Kill |
| Founder | Antoni Trenchev, Kosta Kantchev |
Nexo
"The Bulgarian crypto lender that survived 2022 but collapsed under regulatory and fraud allegations in 2023"
Forced closure by regulatory action
Key Events Timeline
Nexo was a Sofia-founded crypto lending platform that distinguished itself in the 2022 crypto collapse by not suspending withdrawals.
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