Nexo to Support PoS Ethereum and Evaluate Potential PoW Forks

Crypto lending institution Nexo released a statement regarding the Ethereum Merge, saying that it will fully support PoS Ethereum. In the event of PoW forks, Nexo will evaluate the logistics and support for distribution. If the network is healthy and has significant user value, Nexo will send the forked tokens to users. During the Merge, Nexo will briefly pause new $ETH and ERC-20 token top-ups and withdrawals, while swapping and borrowing are not affected.