Are funds safe on Nexo?

I'm just curious, are funds truly safe on Nexo? Could you elaborate on the measures taken by the platform to safeguard clients' investments? Given the volatile nature of cryptocurrencies, how does Nexo ensure the security of digital assets? Also, what kind of insurance or compensation policies does Nexo have in case of any unexpected events? I'd like to have a comprehensive understanding of the safety measures Nexo offers before making any decisions.