Nexo, a cryptocurrency lending platform, has officially reentered the U.S. market after a three-year hiatus. The company is launching a suite of digital asset services, including fixed and flexible yield accounts, crypto-backed credit, an integrated crypto exchange, and fiat on/off ramps. These services are supported by the U.S.-compliant platform Bakkt. Nexo had previously exited the U.S. in 2022 due to regulatory conflicts over its Earn interest product. The company cites a more favorable crypto policy environment as a key factor in its return. Nexo currently manages assets worth approximately $11 billion and has processed global transactions totaling $371 billion.
Nexo Reenters U.S. Market with Comprehensive Digital Asset Services
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