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).
New SEC-Compliant Structure, Bakkt PartnershipThe 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.
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.
Nexo Denies Trump Family TiesNexo’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.
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.
Featured image from OpenArt, chart from TradingView.com
