Crypto lender Nexo has formally reentered the USA market, marking a return three years after it withdrew operations and paid a $45 million effective to settle prices with the US Securities and Alternate Fee (SEC).
The corporate confirmed on Monday that 2026 represents its formal comeback to the US, positioning the transfer in opposition to a backdrop of extra crypto-friendly insurance policies and a notable shift in regulatory tone on the SEC.
New SEC-Compliant Construction, Bakkt Partnership
Nexo beforehand exited the nation following regulatory clashes that culminated in a 2023 SEC order over “unregistered providing” of a crypto asset lending product. As a part of that settlement, the corporate agreed to discontinue the product for US traders.
In a assertion to Reuters, a Nexo spokesperson emphasised that the agency complied absolutely with the order. “Nexo discontinued the product lined by the 2023 SEC order for US traders as required,” the spokesperson mentioned.
The corporate’s renewed US technique is structured otherwise from its earlier mannequin. In response to Nexo’s Monday disclosure, the relaunch is being carried out by way of partnerships with regulated entities to make sure compliance with American securities legal guidelines.
The agency mentioned its funding and credit score merchandise are actually delivered inside a US-compliant framework, together with, the place relevant, by way of an SEC-registered funding adviser for advisory providers.
As a part of this relaunch, Nexo has additionally partnered with Bakkt, a publicly traded US-based digital asset platform designed to help institutional-grade threat administration and regulatory compliance.
The corporate’s up to date providing consists of versatile and fixed-term yield applications that permit purchasers to earn returns by way of funding constructions. Nexo can be rolling out an built-in trade, enabling customers to purchase and promote digital belongings.
As well as, the agency is reintroducing crypto-backed credit score strains, permitting clients to entry liquidity with out promoting their digital holdings. These credit score merchandise function versatile reimbursement choices and help a number of types of collateral.
Nexo Denies Trump Household Ties
Nexo’s return comes amid broader political and regulatory developments in the USA. Reuters reported that the corporate hosted Donald Trump Jr at a “Trump Enterprise Imaginative and prescient 2025” occasion held in Sofia, Bulgaria, final April.
The occasion has drawn consideration, given elevated scrutiny surrounding crypto-related enterprise dealings linked to the Trump household below the present administration.
When requested by Reuters in regards to the relationship between these interactions and the corporate’s US relaunch, Nexo denied any connection. The spokesperson acknowledged that the choice to return to the American market was “primarily based on our capacity to supply merchandise in a compliant construction” and was unrelated to its contacts with the Trump household.
The corporate additional clarified that its sports activities sponsorships and occasion participation haven’t any bearing on its regulatory standing or operational approval in the USA.
Featured picture from OpenArt, chart from TradingView.com
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