Crypto lender Nexo has officially reentered the United States market, marking a return three years after it withdrew operations and paid a $45 million fine to settle charges with the US Securities and Exchange Commission (SEC).
The company confirmed on Monday that 2026 represents its formal comeback to the US, positioning the move against a backdrop of more crypto-friendly policies and a notable shift in regulatory tone at the SEC.
New SEC-Compliant Structure, Bakkt Partnership
Nexo previously exited the country following regulatory clashes that culminated in a 2023 SEC order over “unregistered offering” of a crypto asset lending product. As part of that settlement, the company agreed to discontinue the product for US investors.
In a statement to Reuters, a Nexo spokesperson emphasized that the firm complied fully with the order. “Nexo discontinued the product covered by the 2023 SEC order for US investors as required,” the spokesperson said.
The company’s renewed US strategy is structured differently from its earlier model. According to Nexo’s Monday disclosure, the relaunch is being carried out through partnerships with regulated entities to ensure compliance with American securities laws.
The firm said its investment and credit products are now delivered within a US-compliant framework, including, where applicable, through an SEC-registered investment adviser for advisory services.
As part of this relaunch, Nexo has also partnered with Bakkt, a publicly traded US-based digital asset platform designed to support institutional-grade risk management and regulatory compliance.
The company’s updated offering includes flexible and fixed-term yield programs that allow clients to earn returns through investment structures. Nexo is also rolling out an integrated exchange, enabling users to buy and sell digital assets.
In addition, the firm is reintroducing crypto-backed credit lines, allowing customers to access liquidity without selling their digital holdings. These credit products feature flexible repayment options and support multiple forms of collateral.
Nexo Denies Trump Family Ties
Nexo’s return comes amid broader political and regulatory developments in the United States. Reuters reported that the company hosted Donald Trump Jr at a “Trump Business Vision 2025” event held in Sofia, Bulgaria, last April.
The event has drawn attention, given increased scrutiny surrounding crypto-related business dealings connected to the Trump family under the current administration.
When asked by Reuters about the relationship between those interactions and the company’s US relaunch, Nexo denied any connection. The spokesperson stated that the decision to return to the American market was “based on our ability to offer products in a compliant structure” and was unrelated to its contacts with the Trump family.
The company further clarified that its sports sponsorships and event participation have no bearing on its regulatory standing or operational approval in the United States.
Featured image from OpenArt, chart from TradingView.com
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