 Welcome to this conversation with Antoni Trenchev, co-founder and Managing Partner at Nexo, a provider of instant cryptoasset-backed loans and high-yield savings products. Since the April 2018 ICO of their NEXO token, the company has processed over $1 billion dollars in transactions.
My conversation with Antoni is split into 5 chapters:
Chapter 1: Nexo’s business model and some of its products Chapter 2: The lifecycle of a Nexo loan Chapter 3: A history and evolution of cryptoasset-backed lending Chapter 4: The present state of crypto-backed lending Chapter 5: The future of the space 
In this episode, we discuss:  

Antoni’s background prior to Nexo
Nexo's origin as a hand-drawn graphic on a piece of paper
Bitcoin (BTC) forums & the early days of crypto-backed lending
The mechanics of serving customers in 200+ jurisdictions
The challenge of complying with diverse US state laws
Nexo's zero-fee model – they only make money from loan interest
Why Nexo doesn't pay interest on crypto – yet
The fortuitous timing of the NEXO token sale
Common uses cases for cryptoasset-backed loans
Pledging crypto as collateral to minimize taxes
How to apply for a Nexo loan
Consumer benefits of dynamic credit lines
The Nexo credit card
The size of the cryptoasset-backed lending space
Extending loans against tokenized physical gold
KYC and AML for crypto-backed lending
Why Antoni sees Nexo as a financial institution and a software company
The importance of simple, transparent regulation


Sponsor: Nomics’ Cryptocurrency Market Data API If you spend too much time cleaning up and maintaining datasets & ingesting crypto market cap data from cryptoasset exchanges, then check us out. 

The Evolution of Crypto-Backed Loans w/ Antoni Trenchev from Nexo (Ep. 0064)

Flippening is for cryptocurrency investors. Each week we discuss the cryptocurrency economy, new investment strategies for maximizing returns, and stories from the front lines of financial disruption.  Flippening is for a new class of investors that were not part of the financial services world before bitcoin, but got into finance because of their passion for cryptoassets, blockchain, altcoins, and distributed ledger technology.

Business

Investing

Careers

Management & Marketing

Business News

Shopping

Welcome to this cryptocurrency podcast with Bradley Miles and Sid Kalla, co-founders of Roll, an Ethereum-based social money platform that enables influencers and creators mint social money to incentivize and reward their communities. Thanks to Roll, social money economies are springing up across a range of categories. Individuals have even used Roll to tokenize themselves, enabling believers to invest in their social capital.
The conversation is split into 5 chapters:

Introduction
A deep dive into social money
Getting started with Roll – using Nomics' NOM token as an example
Prehistory of social money
Operations at Roll & the future of social money

It also covers:

Tingles, the first social money on Roll
The mechanics of distributing social money
Using social money to crowdfund and kickstart communities
How digital artists use social money
The Roll tech stack
Why Roll standardizes economics across creators

Sponsors:
CryptoTrader.Tax
CryptoTrader.Tax makes the excruciating task of reporting your cryptocurrency gains and losses a breeze. Sorting through transaction records from exchanges and reporting each trade in USD terms is not how most crypto investors want to spend a weekend. CryptoTrader.Tax is a software platform that automates the entire cryptocurrency tax reporting process. It's basically TurboTax for cryptocurrency investors. Just connect your exchanges and import your trade history and CryptoTrader.Tax will do all of the number-crunching and spit out your auto-filled tax reports with the click of a button. Tell them that Clay from the Flippening Podcast sent you to get a discount.
Crypto Loans by Nexo
Nexo is the only lender offering INSTANT crypto credit lines, which let you use digital assets as collateral to get cash in 45 fiat currencies and stablecoins. Annual interest rates for credit lines are now starting at just 5.9% - which may very well be the lowest borrowing rate in the whole industry. Nexo is also a strategic partner of exchanges, OTC desks, and crypto funds through its portfolio of structured financial products. Institutional counterparties can earn up to 8% annually on their idle stablecoins, enter into asset swap agreements, or directly borrow crypto. Individuals can also park their cash and stablecoins at Nexo's Interest-Earning account to get an annual return of 8%. So if you are looking to borrow, lend, or swap digital assets, Nexo is your GO-TO PARTNER. Definitely explore nexo.io or reach them at institutions@nexo.io.
Nomics' Cryptocurrency API
Spend too much time cleaning up and maintaining datasets & ingesting crypto market cap data from crypto exchanges? We offer the most accurate and transparent crypto data in the space. For examples, see our Litecoin / LTC price & OKEx pages.
P.S. If you've read this far, consider signing up for our fully customizable daily crypto newsletter.

Social Money 101 (For Empowering Creators & Communities) w/ Bradley & Sid from Roll (Ep. 0078)

Welcome to this cryptocurrency podcast with Hart Lambur, co-founder of UMA, and Michael Oved, co-founder and CEO of Fluidity, the company behind AirSwap. The discussion is from a live panel titled Tokenizing Traditional Assets, which took place at 0xpo, a February 2020 conference hosted by 0x (ZRX).
The conversation spans 3 main topics:

The state of asset tokenization
Security token exchanges
The future of tokenization

It also covers:

The evolution of tokenization – from ERC20 to today
Custodial vs. synthetic representations of assets
How blockchain enables secondary markets for almost any asset
Why Hart and Michael are excited about Libra
Why many consumers choose centralized exchanges over DEXs

Sponsors:
Crypto Loans by Nexo
Nexo is the only lender offering INSTANT crypto credit lines, which let you use digital assets as collateral to get cash in 45 fiat currencies and stablecoins. Annual interest rates for credit lines are now starting at just 5.9% - which may very well be the lowest borrowing rate in the whole industry. Nexo is also a strategic partner of exchanges, OTC desks, and crypto funds through its portfolio of structured financial products. Institutional counterparties can earn up to 8% annually on their idle stablecoins, enter into asset swap agreements, or directly borrow crypto. Individuals can also park their cash and stablecoins at Nexo's Interest-Earning account to get an annual return of 8%. So if you are looking to borrow, lend, or swap digital assets, Nexo is your GO-TO PARTNER. Definitely explore nexo.io or reach them at institutions@nexo.io.
CryptoTrader.Tax
CryptoTrader.Tax makes the excruciating task of reporting your cryptocurrency gains and losses a breeze. Sorting through transaction records from exchanges and reporting each trade in USD terms is not how most crypto investors want to spend a weekend. CryptoTrader.Tax is a software platform that automates the entire cryptocurrency tax reporting process. It's basically TurboTax for cryptocurrency investors. Just connect your exchanges and import your trade history and CryptoTrader.Tax will do all of the number-crunching and spit out your auto-filled tax reports with the click of a button. Tell them that Clay from the Flippening Podcast sent you to get a discount.
Nomics' Cryptocurrency API
Spend too much time cleaning up and maintaining datasets & ingesting crypto market cap data from crypto exchanges? We offer the most accurate and transparent crypto data in the space. For examples, see our Litecoin Price / LTC & OKEx pages.
P.S. If you've read this far, consider signing up for our fully customizable daily crypto newsletter.

The State of Asset Tokenization in 2020 w/ Hart Lambur & Michael Oved (Ep. 0077)

Welcome to Daily Wisdom, a daily crypto podcast from The Flippening. These episodes feature short, to-the-point clips from our full-length interviews. We talk with the men and women behind the trades, crypto exchanges, regulations, and crypto market cap movements with the goal of helping you become a better, more informed investor.
Today’s episode is from a 2018 conversation with Sam McIngvale, Head of Product at Coinbase Custody, the world’s largest cryptocurrency custody service. We discuss why Coinbase chose to partner with an SEC-regulated broker-dealer. For the full conversation, check out Flippening episode 28. 
Sponsors
Crypto Loans by Nexo
Nexo is the only lender offering INSTANT crypto credit lines, which let you use digital assets as collateral to get cash in 45 fiat currencies and stablecoins. Annual interest rates for credit lines are now starting at just 5.9% - which may very well be the lowest borrowing rate in the whole industry. Nexo is also a strategic partner of exchanges, OTC desks, and crypto funds through its portfolio of structured financial products. Definitely explore nexo.io or reach them at institutions@nexo.io.
Nomics.com & Nomics' Cryptocurrency API
Nomics is a crypto market cap website and aggregator, going head to head with CoinMarketCap. We stand as a transparent alternative to many of the sketchy market cap websites out there. If you haven't been to Nomics.com in a while, I encourage you to visit our website. We offer transparent volume statistics for nearly every cryptocurrency and crypto exchange in the space. And I believe we have the only credible crypto exchange index in the space as of the time of this reading. If you’re sick of scammy ads, bad design, and manipulated data provided by companies whose founders hide from public view, then check us out at Nomics.com. For examples, see our Ethereum Price / ETH & OKEx pages.
P.S. If you've read this far, consider signing up for our fully customizable daily crypto newsletter.

Daily Clip: Crypto’s 1st Broker-Dealer w/ Sam McIngvale of Coinbase Custody (#34)

Welcome to Daily Wisdom, a daily crypto podcast from The Flippening. These episodes feature short, to-the-point clips from our full-length interviews. We talk with the men and women behind the trades, crypto exchanges, regulations, and crypto market cap movements with the goal of helping you become a better, more informed investor.
Today’s episode is from a 2019 conversation with Jordan Clifford, co-founder and Managing Director at cryptoasset fund Scalar Capital. We discuss how his experience working at Coinbase reinforced his beliefs in privacy and that crypto should be as fungible as cash. For the full conversation, check out Flippening episode 41. 
Sponsors
Crypto Loans by Nexo
Nexo is the only lender offering INSTANT crypto credit lines, which let you use digital assets as collateral to get cash in 45 fiat currencies and stablecoins. Annual interest rates for credit lines are now starting at just 5.9% - which may very well be the lowest borrowing rate in the whole industry. Nexo is also a strategic partner of exchanges, OTC desks, and crypto funds through its portfolio of structured financial products. Definitely explore nexo.io or reach them at institutions@nexo.io.
Nomics.com & Nomics' Cryptocurrency API
Nomics is a crypto market cap website and aggregator, going head to head with CoinMarketCap. We stand as a transparent alternative to many of the sketchy market cap websites out there. If you haven't been to Nomics.com in a while, I encourage you to visit our website. We offer transparent volume statistics for nearly every cryptocurrency and crypto exchange in the space. And I believe we have the only credible crypto exchange index in the space as of the time of this reading. If you’re sick of scammy ads, bad design, and manipulated data provided by companies whose founders hide from public view, then check us out at Nomics.com. For examples, see our Litecoin Price / LTC & OKEx pages.
P.S. If you've read this far, consider signing up for our fully customizable daily crypto newsletter.

Daily Clip: The Case for Fungibility w/ Jordan Clifford of Scalar Capital (#33)

Welcome to Daily Wisdom, a daily crypto podcast from The Flippening. These episodes feature short, to-the-point clips from our full-length interviews. We talk with the men and women behind the trades, crypto exchanges, regulations, and crypto market cap movements with the goal of helping you become a better, more informed investor.
Today’s episode is from a 2019 conversation with Stephen McKeon, finance professor at the University of Oregon and partner at Collaborative Fund, where he heads up Collab Crypto, a group dedicated to blockchain and cryptoassets. We discuss the state of crypto venture capital and Stephen’s observation that as investors gain sophistication, they’re less content with exposure to crypto and more interested in following narrow investment theses. For the full conversation, check out Flippening episode 43. 
Sponsors
Crypto Loans by Nexo
Nexo is the only lender offering INSTANT crypto credit lines, which let you use digital assets as collateral to get cash in 45 fiat currencies and stablecoins. Annual interest rates for credit lines are now starting at just 5.9% - which may very well be the lowest borrowing rate in the whole industry. Nexo is also a strategic partner of exchanges, OTC desks, and crypto funds through its portfolio of structured financial products. Definitely explore nexo.io or reach them at institutions@nexo.io.
Nomics.com & Nomics' Cryptocurrency API
Nomics is a crypto market cap website and aggregator, going head to head with CoinMarketCap. We stand as a transparent alternative to many of the sketchy market cap websites out there. If you haven't been to Nomics.com in a while, I encourage you to visit our website. We offer transparent volume statistics for nearly every cryptocurrency and crypto exchange in the space. And I believe we have the only credible crypto exchange index in the space as of the time of this reading. If you’re sick of scammy ads, bad design, and manipulated data provided by companies whose founders hide from public view, then check us out at Nomics.com. For examples, see our Ethereum Price / ETH & OKEx pages.
P.S. If you've read this far, consider signing up for our fully customizable daily crypto newsletter.

The Evolution of Crypto-Backed Loans w/ Antoni Trenchev from Nexo (Ep. 0064)

Download our free app to listen on your phone