Crypto lender Nexo has secured a three-year sponsorship with the DP World Tour, Europe’s top golf series, which is valued at over $10 million. This collaboration positions Nexo as the official digital asset and wealth partner until 2027.

A representative from Nexo revealed that the precise amount of the deal remains undisclosed but confirmed it qualifies as an eight-figure sum.

In conjunction with this partnership, the Scottish Championship will now be renamed the Nexo Championship, which is set to occur at Trump International Golf Links in Aberdeen from August 7 to 10.

Key Points

• Nexo entered a three-year sponsorship with the DP World Tour for more than $10 million.
• The Scottish Championship will be rebranded as the Nexo Championship.
• The inaugural Nexo Championship will take place at Trump International Golf Links in August.

This deal marks a significant moment for Nexo, especially following its return to the U.S. market earlier this year after a pause due to regulatory challenges. Antoni Trenchev, a co-founder, emphasized the positive impact of Donald Trump’s administration on innovation in the U.S.

“Thanks to the vision and leadership of President Donald J. Trump, his administration, and his family, the United States is once again a place where innovation is championed, not stifled.”