US Edition
Nexo Returns to the U.S.
Nexo reenters U.S. with Bakkt-backed crypto services including yield programs and credit lines, managing $11 billion in assets under a compliant framework, the company said.
- On Monday, Nexo announced it has rolled out Bakkt-backed infrastructure, citing $371 billion in global transactions processed to date.
- The company blamed an `impossible environment` after multiple enforcement actions, including from California and New York, and left the U.S. in late 2022 following a `dead end` in Earn Interest Product negotiations.
- The company rolled out a U.S. product lineup that includes fixed and flexible yield programs, an integrated crypto exchange, crypto-backed credit lines, and ACH and wire transfers.
- Nexo emphasized scale and compliance by noting its April 2025 return with $11 billion in assets under management and a compliant framework for retail and institutional clients.
- The relaunch follows the company's broader global expansion, including the acquisition of Argentina's Buenbit and sponsorships with the ATP Dallas Open and the Audi Revolut F1 Team.
23 Articles
23 Articles
Nexo Brings Crypto Business Back to US
Three years after battling with regulators, crypto platform Nexo has returned to the U.S. The company announced in a new release Monday (Feb. 16) that this return is being carried out in collaboration with “regulated partners,” giving Nexo’s investment and credit products a U.S.-compliant framework. “Nexo’s renewed presence in the United States follows a period of deliberate recalibration and reflects the company’s long-term commitment…
Nexo Partners with Bakkt for US Crypto Exchange and Yield Programs
TLDR Nexo is relaunching its crypto services in the United States after more than three years of absence. The platform will offer yield programs, a spot exchange, and crypto-backed credit lines to US users. Nexo has partnered with Bakkt to provide the trading infrastructure for its US operations. The company’s return is driven by improved regulatory clarity for digital assets in the US. Nexo’s new US operations will be based in Florida and run …
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Nexo, a bitcoin-related digital services provider, has officially relaunched its digital asset services in the US, a strategic move that comes a few months after the company withdrew from the US market at the tail-end of 2022. Strategic Return to a Major Market The re-entry of Nexo into the US market comes at a time that is more than three years after the firm exited the US market due to an unfavorable regulatory environment, especially from the…
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