Summary
Nexo DTC is working towards obtaining full approval for various financial activities through three stages of licensing.
Key Points
1. Receiving a full license involves three stages: an initial provisional permit, a preparatory license, and an operating license.
2. Nexo’s regional entity, Nexo DTC, is seeking to win full approval for Lending & Borrowing, Management & Investment, and Broker-Dealer activities.
3. The process of obtaining a full license for financial activities involves a series of steps to ensure compliance and regulatory approval.