Cryptocurrency Services

Overview

Nova's Cryptocurrency Services enable eligible businesses and users to integrate digital assets into their financial operations through the same platform used to manage traditional currencies.

Rather than treating cryptocurrency as a separate ecosystem, Nova brings together fiat currencies, digital assets, banking services, and digital wallets within a unified financial platform. This allows organizations to choose the payment methods that best support their business while maintaining a consistent user experience.

Depending on the services enabled for an organization, users may be able to buy, hold, receive, send, convert, and withdraw supported cryptocurrencies directly through their Nova account.

Why Cryptocurrency?

Digital assets have become an increasingly important component of global finance.

Organizations use cryptocurrencies for a variety of reasons, including:

• Faster international settlements
• Reduced cross-border payment costs
• Treasury diversification
• Global contractor payments
• Stablecoin-based payouts
• Digital asset investment
• Blockchain-based financial products

By integrating cryptocurrency alongside traditional banking services, Nova gives organizations greater flexibility without requiring them to adopt separate platforms or specialized infrastructure.

Key Benefits

Unified Financial Experience

Users manage traditional currencies and supported digital assets from a single account rather than maintaining separate financial platforms.

Faster Cross-Border Transfers

Digital assets can provide an efficient alternative for moving value internationally where supported by applicable regulations.

Flexible Payment Options

Organizations may choose whether to pay recipients using traditional currencies, supported cryptocurrencies, or a combination of both.

Integrated Conversion

Where available, users can convert between supported fiat currencies and digital assets directly within the Nova platform.

Enterprise Security

Digital assets benefit from the same enterprise-grade security framework that protects the rest of the Nova ecosystem.

Core Capabilities

Buy Cryptocurrency

Eligible users can purchase supported cryptocurrencies using available fiat balances, subject to applicable regulatory requirements and supported jurisdictions.

Hold Digital Assets

Supported cryptocurrencies can be securely held within the Nova platform until users choose to transfer, convert, or withdraw them.

Send Cryptocurrency

Users may transfer supported digital assets to compatible cryptocurrency wallets, subject to network availability and applicable compliance requirements.

Receive Cryptocurrency

Eligible users can receive supported digital assets from external cryptocurrency wallets into their Nova account.

Convert Between Fiat and Crypto

Nova supports the conversion of supported traditional currencies and digital assets through integrated exchange services.

This enables users to move between fiat and cryptocurrency without leaving the platform.

Stablecoin Payouts

Organizations that distribute international payments may choose to send supported stablecoins to eligible recipients, providing an alternative to traditional banking transfers in certain markets.

Institutional Trading

For organizations managing significant transaction volumes, Nova may provide access to institutional-grade liquidity for larger cryptocurrency conversions, helping improve pricing and execution efficiency.

Supported Digital Assets

The cryptocurrencies available within Nova depend on the services enabled for each organization and may vary over time.

Examples of supported digital assets include:

• Bitcoin (BTC)*
• Ethereum (ETH)*
• USD Coin (USDC)
• Tether (USDT)

*Availability depends on the services enabled by your organization and applicable regulations.

Additional cryptocurrencies may become available as the platform evolves.

Typical Business Use Cases

International Contractor Payments

Organizations paying freelancers and contractors in different countries may use supported digital assets as an alternative payment method where appropriate.

Treasury Management

Businesses may hold a portion of their treasury in supported digital assets as part of their broader financial strategy.

Marketplace Settlements

Marketplaces serving digital asset businesses can provide participants with additional payout options through cryptocurrency.

Fintech Platforms

Organizations building financial applications can integrate cryptocurrency alongside traditional banking services through a unified user experience.

Global Commerce

Businesses operating internationally may leverage stablecoins to simplify selected cross-border transactions.

Security

Nova applies enterprise-grade security controls to cryptocurrency services.

These include:

• Secure wallet infrastructure
• Encryption of sensitive information
• Multi-factor authentication
• Transaction monitoring
• Fraud detection
• Comprehensive audit logging
• Continuous security reviews

Security measures are designed to protect digital assets while supporting regulatory compliance and operational resilience.

Compliance

Because cryptocurrency services operate within regulated financial environments, additional verification requirements generally apply before users can access digital asset functionality.

Depending on the jurisdiction and services being used, organizations and users may be required to complete:

• Know Your Customer (KYC)
• Know Your Business (KYB)
• Anti-Money Laundering (AML) screening
• Sanctions screening
• Ongoing transaction monitoring
• Source of funds verification where applicable

Access to cryptocurrency services may not be available in all jurisdictions.

Risk Considerations

Digital assets differ from traditional currencies and may be subject to market volatility.

Organizations should consider:

• Regulatory obligations
• Price fluctuations
• Tax implications
• Internal financial policies
• Custody requirements
• Operational risk

Nova provides the infrastructure required to manage digital assets but does not provide financial, investment, or tax advice.

Organizations should consult qualified professionals before making financial decisions involving cryptocurrency.

Frequently Asked Questions

Do I need to use cryptocurrency?

No. Cryptocurrency is an optional service. Organizations may choose to enable or disable cryptocurrency functionality based on their business requirements.

Can I continue using traditional banking services?

Yes. Cryptocurrency services complement traditional banking capabilities rather than replacing them.

Are all cryptocurrencies supported?

No. Nova supports selected digital assets. The available cryptocurrencies depend on your organization's configuration and applicable regulations.

Is identity verification required?

Yes. Access to cryptocurrency services generally requires additional verification to comply with applicable regulatory requirements.

Can I convert cryptocurrency back into fiat currency?

Where supported, users can convert eligible digital assets into supported fiat currencies directly within the Nova platform.

Summary

Nova's Cryptocurrency Services extend the platform beyond traditional financial infrastructure by enabling eligible organizations to work with both fiat currencies and digital assets through a single integrated ecosystem.

By combining secure custody, cryptocurrency transfers, stablecoin payouts, integrated conversion, and enterprise compliance within the broader Nova platform, businesses gain greater flexibility in how they move, manage, and distribute value across global markets.

Whether used for treasury management, contractor payments, cross-border settlements, or embedded fintech applications, cryptocurrency services provide organizations with additional financial tools while maintaining the same security, compliance, and user experience that define the Nova ecosystem.