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Nash add support for Neo X into its asset management platform

source-logo  neonewstoday.com 2 h

Nash, a non-custodial blockchain services provider, has integrated Neo X into its product suite, allowing users to manage Neo X assets within the Nash wallet. Through this integration, Nash users can also connect to Neo X dApps and approve transactions via WalletConnect.

Asset management and security on Nash

Nash’s platform, which was founded in the Neo ecosystem, is built with a focus on user autonomy and security. As a non-custodial provider, Nash ensures users retain full control over their assets by maintaining private keys to their wallets, thereby avoiding the need for third-party custody. Additionally, Nash employs Secure Multi-Party Computation to allow customizable security policies. Users can set personalized withdrawal limits, whitelist addresses, and configure flexible permissions, adding a tailored layer of security for managing assets on Neo X and other supported blockchains.

Compliance and financial services

Nash is registered with the Financial Market Authority and the De Nederlandsche Bank, making it fully compliant across the European Economic Area. The platform offers users a bridge between traditional and crypto finance through its fiat on-ramp, one of Europe’s first fully registered services for cash transfers between traditional banks and cryptocurrency wallets.

In addition to crypto services, Nash provides users with an NL Euro IBAN account for traditional financial transactions and a high-yield savings account that offers up to 8% APY, catering to users looking to manage both crypto and fiat assets under one platform.

The NEX token and decentralized exchange

Nash’s NEX token, available on Neo N3 and Polygon, offers revenue-sharing dividends for holders, providing a unique incentive model within its ecosystem. Alongside this, Nash operates a decentralized exchange with an off-chain matching engine, utilizing a decentralized order book for transparent trading. This provably fair, distributed system is designed to minimize trust requirements while enhancing transaction security.

At this stage, Neo X assets are not available on Nash for swaps or fiat purchases.

The original announcement can be found at the link below:
https://x.com/nashsocial/status/1853485075205083194

neonewstoday.com