Nexo, a digital assets wealth platform, has announced that its Zero-Interest Credit (ZiC) product has been named “Consumer Lending Product of the Year” at the 10th annual FinTech Breakthrough Awards, according to a release shared with Finbold on March 19. The product allows users to borrow against Bitcoin (BTC) or Ethereum (ETH) at 0% APR with no fees, using a fixed-duration structure with predefined repayment parameters. Zero-interest model introduces fixed-term crypto-backed lending structure According to the company, Zero-Interest Credit is designed to eliminate margin calls and mid-term liquidations by introducing predefined duration and price boundaries, enabling borrowers to know outcomes at maturity regardless of market volatility. “Nexo is redefining crypto-backed lending with its Zero-Interest Credit innovation, creating a paradigm shift in crypto credit,” said Steve Johansson, Managing Director, FinTech Breakthrough