$NEXO is re-entering the United States after a three-year absence, relaunching yield
accounts, crypto-backed lending, and an exchange through a more compliance focused structure. The company exited the US in 2022 following regulatory action related to its Earn product and is now returning via partnerships with licensed entities, using infrastructure support from Bakkt and routing certain services through an SEC registered investment adviser.
The new platform is expected to offer fixed and flexible yield options, spot trading, fiat on and off ramps, and credit lines backed by crypto collateral. This relaunch reflects a shift toward operating within US regulatory frameworks rather than around them. Going forward,key considerations include how regulators respond, how competitive Nexo's yields are compared to DeFi and other centralized platforms, and whether the company can maintain strong risk management under a stricter compliance environment.
#nexo #CryptoAnalysis" #CryptoUpdate
