Antoni Trenchev

Last updated
Antoni Trenchev
Born (1987-03-15) March 15, 1987 (age 38)
Munich, Germany
Known forFormer Member of the National Assembly of the Republic of Bulgaria
TitleCo-founder of Nexo
Website www.antonitrenchev.com


Antoni Trenchev is politician and cryptocurrency businessperson who a former Member of the National Assembly of the Republic of Bulgaria. He is a co-founder of the Cayman Islands-based cryptocurrency firm Nexo with Kosta Kantchev. [1] Nexo has been $45 million by the Securities and Exchange Commission for offering an unregistered securities product. [1]

Contents

Early life

Antoni Antoniev Trenchev was born on March 15, 1987, in Munich. [2]

Trenchev studied finance law at King’s College London and Humboldt University of Berlin. After college, he worked in the hedge fund industry before turning his attention to financial technology.

Political career

Trenchev was elected to the National Assembly of the Republic of Bulgaria in 2014, serving until 2017, where he sat with the Reformist Bloc party. His committee work included sitting on the European Affairs and Oversight of the European Funds Committee, Committee on Supervision of the Committee on Energy and Water Regulation, and several ad hoc committees. He was also deputy head of the Delegation to the Parliamentary Assembly of the Council of Europe. [2] In the Council of Europe, he served on the Committee on Social Affairs, Health and Sustainable Development in 2015, Sub-Committee on relations with the OECD and the EBRD from 2015 to 2016, the Committee on Political Affairs and Democracy from 2015 to 2017, and an alternative on the Committee on Social Affairs, Health and Sustainable Development during the same period. [3]

Cryptocurrency business

Trenchev is the managing partner at the cryptocurrency lender Nexo. [4] He has promoted his company in various news outlets. [5] [6] [7] Nexo has been $45 million by the Securities and Exchange Commission for offering an unregistered securities product. [1] In April 2025, Nexo organized an event with Donald Trump Jr. and announced the company's intention to return to the U.S. market. [1] In July 2025, Nexo sponsored a golf event a Donald Trump-owned golf a course. [1] A few weeks later, Donald Trump and Trenchev met to discuss a "joint vision for crypto in the U.S." [1] Reportedly, Nexo paid $10 million to sponsor events at Donald Trump's golf course in Scotland. [1]

References

  1. 1 2 3 4 5 6 7 "Inside the Trump family's global crypto cash machine". Reuters. 2025.
  2. 1 2 "ANTONI ANTONIEV TRENCHEV". National Assembly of the Republic of Bulgaria . Archived from the original on 2021-12-23. Retrieved 2021-12-23.
  3. ↑ "Mr Antoni TRENCHEV". Parliamentary Assembly of the Council of Europe . Archived from the original on 2021-05-18. Retrieved 2021-12-23.
  4. ↑ Journal, Rachel Louise Ensign | Photographs by Dee Dwyer for The Wall Street (September 10, 2021). "Bitcoin to Bucks: Crypto Fans Borrow to Buy Homes, Cars—and More Crypto". Wall Street Journal. Archived from the original on December 23, 2021. Retrieved December 23, 2021– via www.wsj.com.{{cite news}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  5. ↑ Freeman, Simon (November 30, 2020). "Bitcoin hits all time high, smashing 2017 peak". www.standard.co.uk. Archived from the original on December 23, 2021. Retrieved December 23, 2021.
  6. ↑ "Nexo's Trenchev Sees Bitcoin Hitting $100K in a Year". Bloomberg. June 18, 2021. Archived from the original on 2021-12-23. Retrieved 2022-01-07.
  7. ↑ Browne, Arjun Kharpal,Ryan (April 23, 2021). "Over $200 billion wiped off cryptocurrency market in a day as bitcoin plunges below $50,000". CNBC. Archived from the original on December 19, 2021. Retrieved December 23, 2021.{{cite web}}: CS1 maint: multiple names: authors list (link)
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.