Golden Finance reported that on January 22, according to CoinDesk, Nexo announced that it would implement a minimum account usage threshold of US$5,000 from February 21, 2025, in order to focus on serving high-net-worth customer groups. The move is part of its 2025 growth strategy and recent rebranding. Nexo stated that the platform is committed to supporting long-term currency holders and wealth creators through high-end customized services and wealth management solutions. As of now, Nexo manages more than 11 billion US dollars in assets, has issued a total of 8 billion US dollars in crypto loans, and paid more than 1 billion US dollars in interest. Additionally, Nexo received a preliminary license from Dubai in 2024, becoming one of the few crypto lending platforms to survive the market downturn in 2022-2023.