Nexo Reaches Leading Accounting Firm Armanino to Provide Real-Time Confirmation of Digital Asset Ownership

June 10, 2021 – London, United Kingdom Leading regulated digital asset organization Nexo has commissioned Armanino LLP, one of the largest US accounting firms and world leader in digital asset solutions, to provide real-time attestation on deposits. of his company. Through Armanino's TrustExplorer attestation platform, Nexo offers investors, customers and regulators the highest level of trust available in the market through seamless access to industry standard certification reports and a daily updated snapshot of Nexo's total assets and liabilities. Certification procedures performed comply with the standards set by the American Institute of Certified Public Accountants and results will be communicated through Nexo's channels when the time comes. Full information in US dollars, including a clear dashboard of assets and liabilities, optional reporting and other information, will be publicly available after the certification order is complete. Antoni Trenchev, co-founder and managing partner of Nexo, said: “Providing accurate information on public reserves is an absolute must for crypto native companies, as a self-regulated space means more, not less transparency. We are delighted to open our books so that Armanino, a specialist accounting firm with a distinguished practice in digital assets, can always verify that our company's assets exceed liabilities and show how seriously Nexo takes its obligations to our customers." “We are delighted to work closely with the team at Nexo to maintain their strong commitment to delivering the most reliable crypto loan product to global customers. put. The values of the Nexo team impressed us from day one, and we remain in line with our belief that crypto assets provide customers and markets with greater trust and transparency than traditional financial products. innovation

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