#Nexo Reenters U.S. Market Three Years After Regulatory Exit


Nexo has officially relaunched its digital asset services in the United States through a partnership with Bakkt, marking the platform's return three years after withdrawing due to regulatory challenges. The company rolled out a suite of products including yield programs, an integrated crypto exchange, and #crypto-backed credit lines.


The #digitalasset wealth platform exited U.S. markets in December 2022, citing hostile regulatory conditions under former SEC Chair Gary Gensler. Nexo described the environment as a dead end after 18 months of negotiations with state and federal regulators over its Earn Interest Product.


The company settled with the #SEC for $45 million in January 2023 over failing to register its interest-bearing crypto rewards program. Nexo also resolved a $22.5 million multi-state securities settlement related to the Earn Interest Product before shuttering it for U.S. users.


Nexo's U.S. offerings now include fixed and flexible yield programs, an integrated #cryptocurrency exchange, and crypto-backed credit lines. The services operate through a compliant framework designed to support portfolio management and liquidity access for retail and institutional clients.


Fiat on-ramps and off-ramps are available via automated clearing house transfers and wire transactions. The company structured its U.S. product lineup through partnerships with licensed service providers, with certain services offered via a third-party SEC-registered investment adviser.

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February 16, 2026 at 7:40 PM