Blockport integrates Nexo’s crypto loans to unlock instant liquidity

Blockport users can now leverage their cryptocurrency holdings to secure instant cash loans through Nexo’s platform, without selling their assets.

We’re excited to announce a new integration that makes accessing cash with your crypto easier than ever. Blockport users can now borrow fiat against their digital assets, thanks to our new partnership with Nexo.

Instead of liquidating your holdings, you can now use them as collateral. By embedding Nexo’s widget directly into the Blockport interface, users can transfer eligible cryptocurrencies into a Nexo wallet and immediately draw down a loan based on the value of their holdings. This preserves exposure to potential gains, while unlocking liquidity on demand.

Nexo is a global leader in automated crypto lending, supporting over 40 fiat currencies across more than 200 jurisdictions without credit checks. Its oracle-powered system calculates each borrower’s credit limit in real time and disburses funds instantly via bank transfer.

Coming soon: you’ll be able to spend your loan using the Nexo Credit Card, giving you even more flexibility with your borrowed funds.

Right now, you can access Nexo’s services via a widget on the Blockport platform. In the coming months, we’ll launch a full API integration that will allow users to request and manage loans directly from their Blockport account. We’re working closely with Nexo to enable our own token (BPT) to be accepted as collateral on Nexo, granting token holders temporary cash access without market sell-offs.

The collaboration fits perfectly with Blockport’s mission to bridge traditional finance with the digital economy. Nexo brings more than a decade of automated lending experience through its parent company, Credissimo, and a track record of processing tens of millions in loans for thousands of clients. Blockport contributes its user-centric exchange model with growing European reach and powerful social trading features.

In the future, we may even integrate further. Nexo could embed Blockport’s fiat-to-crypto gateway into its ecosystem, giving Nexo clients direct access to Blockport’s trading features. Future developments may also include deeper token utility and cross-platform services.

About Blockport

Blockport is an Amsterdam-based cryptocurrency exchange that connects the traditional financial world with digital assets. It offers an intuitive platform for buying, selling, and exchanging cryptocurrencies in euros, enhanced by social trading and discounted fees for BPT token holders.

About Nexo

Nexo provides instant, collateral-backed crypto loans in over 40 fiat currencies and 200 jurisdictions, powered by an automated lending protocol and the expertise of Credissimo. It enables digital asset holders to access liquidity without selling their holdings.