Nexo is officially back in the U.S. market — three years after walking away amid regulatory fights.
The digital-asset lender and wealth platform announced it has launched a suite of U.S. products and trading infrastructure in partnership with U.S.-based Bakkt. The rollout includes fixed and flexible yield programs, an integrated crypto exchange, crypto-backed credit lines, and fiat on- and off-ramps via ACH and wire transfers. Nexo says these services are being offered inside a compliant framework designed to support both retail and institutional portfolio management and liquidity needs.
The return marks a reversal from Nexo’s late‑2022 exit, when the firm described negotiations with state and federal regulators over its Earn Interest Product as a “dead end.” At that time Nexo said it could no longer operate in what it called an “impossible environment” after enforcement actions from jurisdictions including California and New York. In April 2025 the company signaled a comeback, reporting $11 billion in assets under management.
Nexo frames the re-entry as the culmination of a “period of deliberate recalibration” and an indication of a longer-term commitment to regulated markets. The company also pointed to continued global growth, noting it has processed $371 billion in transactions to date.
The U.S. relaunch comes as Nexo pursues broader expansion: the firm recently acquired Argentina’s Buenbit and has stepped up brand visibility through sponsorships such as the ATP Dallas Open and the Audi Revolut F1 Team. For market watchers, Nexo’s return will be a test of how crypto firms rebuild product offerings while navigating tighter U.S. regulatory oversight.
Read more AI-generated news on: undefined/news
