Show Notes
SPONSORED CONTENT: This video is a paid partnership with Nexo. It was produced in collaboration with Nexo and is separate from Unchained's editorial coverage.
Nexo is a digital asset wealth platform offering yield products and crypto-backed lines of credit.
Join Nexo and get up to $5,000 in rewards. Terms apply. Geo-restrictions, eligibility and terms apply. https://ref.nexo.com/_5MiOg41
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A new report revealed that affluent investors aren't using crypto to build wealth. Nexo US COO Neil Steinhardt explains how the platform aims to fix that.
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About two-thirds of the affluent investors Nexo surveyed own crypto, but fewer than 5% have fully integrated it into how they build long-term wealth, according to the company's new report, The Future of Digital Wealth.
Neil Steinhardt, COO of Nexo US, walks host Ryan S. Gladwin through the report's Crypto Integration Index and why he says friction, not conviction, is holding investors back. He covers why Argentina has the highest ownership but the lowest integration, and how incoming regulatory clarity has brought Nexo back to the US.
Steinhardt also details how Nexo's crypto-backed credit lines work, what he heard from advisors at a registered investment advisor conference, and why a $35 trillion to $106 trillion wealth transfer could land with a generation that has high conviction in digital assets.
He closes on why he thinks CeFi lenders, which he says outpaced DeFi lenders for the first time in Q2, are positioned for the convergence of TradFi and crypto.
Host:
Ryan S. Gladwin - Freelance Journalist
Guests:
Neil Steinhardt - COO of Nexo US
Timestamps
🔎 01:04 Why Neil says friction, not conviction, keeps crypto out of wealth plans
🧮 02:48 Inside Nexo's Crypto Integration Index
🌎 05:01 Other factors preventing crypto from integrating into wealth plans
🤝 06:50 How Nexo fixes friction in wealth building
⚖️ 08:27 How incoming regulatory clarity has brought Nexo back to the US
💳 10:15 How Nexo's crypto-backed credit lines work
👵 15:06 The coming wealth transfer to a generation with high crypto conviction
🏛️ 18:03 Investment advisors aren't advocating for crypto, here's how to change that
🏎️ 19:31 Nexo's card program and why Neil says wealth means experiences
📈 22:35 Why CeFi lenders outpaced DeFi lenders in Q2 Learn more about your ad choices. Visit megaphone.fm/adchoices
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