Nexo Returns to the US With New Offerings: What Changed Since Its 2022 Exit

Key Takeaways

• Nexo has relaunched successful the United States aft exiting successful 2022 amid aggravated SEC and state-level regulatory pressure.

• The institution paid $45 cardinal successful combined settlements successful 2023 and discontinued its interest-bearing Earn Interest Product (EIP) for U.S. users.

• Its instrumentality leverages licensed U.S. partnerships, redesigns its products, and operates wrong a clearer regulatory framework.

Crypto lending level Nexo officially relaunched successful the United States connected Feb. 16, 2026, marking a high-profile comeback aft withdrawing from the marketplace successful precocious 2022.

The company, which reports managing astir $11 cardinal successful assets and processing much than $371 cardinal successful transactions globally since 2018, is re-entering the U.S. done partnerships with regulated home entities.

Nexo’s relaunch centers connected restructured versions of its halfway products for U.S. users.

These include:

• Flexible and fixed-term output programs connected integer assets.

• An integrated crypto exchange.

• A tiered loyalty program.

• Crypto-backed recognition lines designed to supply liquidity without triggering plus sales.

Additional features see fiat on- and off-ramps via ACH and ligament transfers.

According to the company, these products are delivered done licensed U.S. partners, including — wherever applicable — SEC-registered concern advisers.

The accent is squarely connected compliance, hazard management, and institutional-grade operational standards.

Importantly, Nexo states that its caller output and lending products are structured otherwise from the discontinued Earn Interest Product that triggered regulatory action.

The steadfast describes the relaunch arsenic a “deliberate recalibration,” prioritizing regulatory alignment and semipermanent durability implicit assertive expansion.

The U.S. instrumentality follows respective years of planetary maturation initiatives, including acquisitions specified arsenic Argentina-based Buenbit and high-profile sponsorships similar the ATP 500 Nexo Dallas Open, arsenic good arsenic partnerships with the Audi F1 Team and the Australian Open.

Still, executives present framework the U.S. strategy arsenic compliance-first alternatively than growth-first.

Nexo’s departure from the U.S. stemmed from a prolonged regulatory confrontation centered connected its Earn Interest Product (EIP), launched astir June 2020.

Under the EIP structure, users transferred integer assets to Nexo successful speech for promised involvement payments.

Nexo retained discretion implicit however those assets were deployed to make yield.

The U.S. Securities and Exchange Commission (SEC) determined that the merchandise met the criteria of an unregistered information nether the Howey trial for concern contracts.