US-Primarily based Armanino Audits Nexo, Offers Stamp of Approval By CoinQuora

US-Primarily based Armanino Audits Nexo, Offers Stamp of Approval By CoinQuora

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US-Primarily based Armanino Audits Nexo, Offers Stamp of Approval
  • High accounting and enterprise consulting agency Armanino audits Nexo
  • The overall buyer liabilities for Nexo is $9,511,609,296
  • Armanino confirms that Nexo’s belongings exceed their liabilities

Fiat and crypto lending platform Nexo not too long ago handed an audit from one of many high accounting and enterprise corporations within the US, Armanino. In keeping with Armanino’s audit outcomes, Nexo’s belongings exceed their buyer liabilities which is round $9,511,609,296 as of September 24, 2021.

Armanino supplies attestations over belongings and liabilities. A few of Armanino’s most notable shoppers are Kraken, Uber (NYSE:), and DoorDash. Now, it gives a real-time audit of the custodial belongings of Nexo. It reveals that the corporate’s belongings at all times exceed its liabilities.

Antoni Trenchev, Co-founder and Managing Accomplice of Nexo shared his ideas,

In the long term, the businesses that present their prospects the mandatory transparency, safety and peace of thoughts, will win.

Trenchev added that as regulatory curiosity will increase within the cryptocurrenc…

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