US$912,071.00 Interim Dividend for NEXO Token Holders Approved

Nexo
Nexo
Published in
2 min readDec 4, 2018

--

We’ve retired our Medium blog. For the latest news, visit nexo.io/blog

Nexo’s Board of Directors is pleased to announce an interim dividend of US$912,071.00, to be paid out to NEXO Token Holders on December 15, 2018, subject to eligibility requirements.

UPDATE: As of dividend record date (December 5, 2018 — 15:00 UTC), there are 309,658,705 eligible tokens which shows that the annualized dividend yield of NEXO is 4.80% and beats all dividend stocks in Buffet’s portfolio: Apple 1.4%, JPMorgan 3%, Wells Fargo 3.3%, Goldman Sachs 1.6%

Nexo is confident that its superior lending services and user experience will deliver sustained, long-term profitability and growing returns for the NEXO Token Holders.

You can always buy NEXO Tokens on Huobi, community’s most popular cryptocurrency exchanges, against BTC and ETH.

Detailed information: Interim Dividend Announcement

As a leading financial entity in the blockchain space, Nexo’s goal has always been to be a profitable, but yet compliant institutional-grade business enterprise. Sharing 30% of profits with our investors just six months after the product launch is an important milestone and testimony to the resilience of the Nexo instant loan model.

Do check out our earlier blog posts, share them with your friends and let them too be part of the Nexo success story.

Interested in Nexo? Get in touch:
Telegram | Twitter | Facebook | Reddit | LinkedIn | Email

--

--

Nexo
Nexo

The World’s First Instant Crypto Loans. Our official website is https://nexo.io