#nexo Re Enters the U.S. Market

Nexo is officially back in the U.S. after exiting in 2022 amid regulatory pressure over its Earn product, which led to $45M in state settlements.

Now partnering with Bakkt, the platform is relaunching yield programs, crypto backed credit lines, an integrated exchange, and fiat ramps, backed by $11B in AUM.

The return signals renewed momentum for CeFi under a more crypto friendly policy backdrop, as regulated lenders look to regain U.S. market share.