NEXO (NEXO) is a compliant token that is backed by the underlying assets of Nexo’s loan portfolio. NEXO reportedly provides regular passive income to token holders in the form of 30% from the company’s profits. The latest dividend payout to NEXO Token Holders on August 15, 2019 was reportedly for $2,409,574.87. The token also offers discounted interest rates (-50%) on Nexo’s Instant Loans. The NEXO Token can also be used as collateral on the platform in addition to BTC, ETH, XRP, LTC, NEXO, BNB and several major stablecoins.