Key Highlights
- Nexo is returning to the U.S. in 2026 after leaving in 2022 due to regulatory issues tied to its Crypto Earn product.
- The company will offer yield programs, a crypto exchange, credit lines, and a loyalty program, using licensed partners and Bakkt’s trading infrastructure to meet U.S. rules.
- Nexo previously settled U.S. regulatory charges for over $67 million and says clearer regulations have now made its comeback.
Nexo announced its formal return to the United States market in 2026, relaunching digital asset services for both retail and institutional clients after leaving in 2022 amid regulatory disputes.
As per the official announcement, the company will operate from a Florida headquarters and is partnering with U.S.-based Bakkt to provide compliant trading infrastructure. Nexo said the improved regulatory clarity and structured partnerships have made the move possible.
Multiple product set to be offered
The digital asset wealth platform said its renewed U.S. presence will include flexible and fixed-term yield programs, a crypto exchange, crypto-backed credit lines, and a loyalty program. Users will also have access to fiat on- and off-ramps through automated clearing house (ACH) and wire transfers.
According to the company, the services are structured through licensed U.S. partners. Certain offerings are provided via a third-party Securities and Exchange Commission-registered investment adviser operating under U.S. securities laws. Trading infrastructure will be powered by Bakkt, a publicly listed American digital asset platform focused on institutional compliance and risk management.
Scaling and international expansion
The company described the relaunch as the result of a “period of deliberate recalibration” and said it “reflects our long-term commitment to operating in markets where regulatory frameworks are evolving, institutional standards are clearly defined, and innovation can be pursued responsibly.”
Nexo said it has processed more than $371 billion in transactions worldwide and previously reported $11 billion in assets under management. The firm also highlighted recent brand partnerships, including becoming the title partner of the ATP 500 Nexo Dallas Open and digital asset partner of the Audi Revolut F1 Team, the DP World Tour, and the Australian Open. In Latin America, it expanded through the acquisition of Argentina-based virtual assets provider Buenbit
Why Nexo left the U.S.
Nexo left the U.S in December 2022 after enforcement actions related to its Crypto Earn Interest product. At the time, the company said conversation with regulators had reached a “dead end” and said the environment was difficult for crypto businesses.
In January 2023, the firm agreed to pay $45 million to settle its charges from the SEC for failing to register the interest product. It also paid $22.5 million to resolve a multi-state security case tied to the same program. After the settlements, Nexo had to shut down Crypto Earn for U.S customers.
What it means
Nexo’s return comes at a time when the U.S government under Trump’s administration is still discussing how digital assets should be regulated. New bills aimed to define the role of regulators are also being debated in Congress, while leadership changes at the Securities and Exchange Commission have signalled a shift in crypto policy.
Other crypto lending platforms also suspended services after a regulatory crackdown in 2022 and 2023. By restructuring its product with the help of a licensed partner, Nexo is re-entering a market that is still shaping its rules.
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