Crypto Lender Nexo Spins Out $150M Venture Arm for Web 3 Investments, Acquisitions

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Crypto Lender Nexo Spins Out $150M Venture Arm for Web 3 Investments, Acquisitions
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Crypto lender Nexo has launched Nexo Ventures with $150 million to invest in Web 3 projects and acquisitions. By JamieCrawleyCD

Nexo Ventures will also"explore the feasibility of enabling Nexo’s users to invest alongside us, thereby leveraging our capabilities to facilitate investor diversification and wealth maximization," Metodieva said in the statement.

The Web 3 ecosystem has become an area of interest for investors in the crypto and blockchain industry, with several similar funds emerging in recent months. In December, Hashed

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