Thank you for your inquiry. As you know, transparency is a core value for Nexo. That's why we pioneered real-time attestation of custodial assets in 2021. With the turbulences over the past year and auditing firms exiting the blockchain space altogether, finding a solution to conduct comprehensive attestations - one more suitable for our growing needs as a crypto-native company - hasn't been without its challenges. We now feel that we have to raise the bar yet again and set a new industry standard. That is why recently, we discontinued the current arrangement we had. We have been exploring the transition to even better alternatives to the existing model, including crafting cryptographic tools internally to achieve that goal. Our mission remains the same - to deliver seamless products in a transparent and secure way for you to structure your financial goals.
And where can I see it for now?
You can reread the message that I sent.
So we do not have any insight at the moment? I see this as a problem sir... what is the timeframe for reinstalling the insights?
We have been exploring the transition to even better alternatives to the existing model, including crafting cryptographic tools internally to achieve that goal. Our mission remains the same - to deliver seamless products in a transparent and secure way for you to structure your financial goals.
More relevant for me ist why they stopped the partnership so abruptly. Of course you imagine the worst, that they stopped it before the indicator showed only 80% backed or similar.. I don´t say that is the case, but Nexo must assume that people imagine the worst and therefore should provide more detailed information than just a ChatGPT like message.
I mean the statement is pretty self explanatory obv they're working on a merkle tree or something. They've never dissapointed 🚀
How come not just keep the current arrangement going until you had found something else as you say? Or was it Moore who ended the relationship?
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