Nexo, the cryptocurrency lending platform, has paid its crypto holders over $2.4 Million in dividends reaching an annualized dividend yield of 12.73%.
This what made public through their press released on August 16, 2019 where which boasted around 250,000 user base and the firm pointing out that their dividends where higher than every dividend-paying stock listed on the S&P 500 Market Index.
Nexo payout dividends in two parts, half of the dividends are paid out from the Nexo Base dividends and the other half from the Nexo loyalty dividends.
Just early this month the company rolled out a MasterCard-branded credit card for crypto on Aug 2 which it claims to be the first of its kind to let users play with cryptocurrency without actually having to spend it.
Headlines for the world of Cryptocurrencies - August 16, 2019
- FinCEN Director Reminds Casinos Of Compliance Regarding Crypto
- Market Responded Positively On Bakkt’s Release Date Announcement
- Bakkt Cleared For Late September Launch
- XRP Enthusiast Goes All In
- US Agency To Trial Blockchain Shipping Proof-of-Concept
Headlines for the world of Cryptocurrencies - August 15, 2019
- Alcor Now Accepting Bitcoin Cash Donations
- Astrome Plans To Revolutionize Satellite Internet Conducts ICO
- American Retail Giant Files For Blockchain-Based Drone Communications
- Ethfinex Spin-Off From Bitfinex
- New Physically-Settled Bitcoin Swap Contracts To Go Live Soon
Headlines for the world of Cryptocurrencies - August 14, 2019
- Former Coinbase CTO Now Advisor For Findora
- Terra Stablecoin Onboards South Korean Music Streaming Platform
- Oldest Bank In South Korea To Build Its Own Blockchain Security System
- Ron Paul Comments On FED’s Planned New Payment System
- Bitcoin Premium Prices Develop In Hong Kong
