Finance Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Nexo re-enters the U.S. market three years a Finance Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Nexo re-enters the U.S. market three years a

Nexo re-enters the U.S. market three years after exiting due to regulatory issues

2026/02/16 22:30
4 min read
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Nexo re-enters the U.S. market three years after exiting due to regulatory issues

The digital assets wealth platform’s rollout includes regulated yield accounts, credit lines and exchange access backed by Bakkt.

By Olivier Acuna|Edited by Jamie Crawley
Updated Feb 16, 2026, 3:06 p.m. Published Feb 16, 2026, 2:30 p.m.
Make us preferred on Google
Nexo , whose Co-Founder Antoni Trenchev is seen here shaking hands with Donald Trump Jr., says it is thanks to the Trump Administration's crypto-friendly policies that it has returned to the U.S. (Photo: Nexo/Modified by CoinDesk)

What to know:

  • Nexo has reentered the U.S. market, rolling out a suite of digital asset services and trading infrastructure powered by U.S.-based Bakkt.
  • The company, which left the U.S. in 2022 after regulatory clashes over its Earn Interest Product, returns with $11 billion in assets under management and a focus on operating within a compliant framework.
  • Nexo’s U.S. offerings include fixed and flexible yield programs, an integrated crypto exchange, crypto-backed credit lines, and fiat on- and off-ramps via ACH and wire transfers, as part of a broader global expansion that includes acquisitions and major sports sponsorships.

Nexo is set to return to the U.S. market, saying it has officially rolled-out a suite of digital asset offerings and trading infrastructure from the U.S.-based Bakkt.

The digital asset wealth platform withdrew from the U.S. in late 2022 after what it called a "dead end" in negotiations with state and federal regulators over its Earn Interest Product. The company said in 2022 it could no longer operate in an "impossible environment" following multiple enforcement actions, including from California and New York. However, in April 2025, it announced it would return, adding had $11 billion in assets under management.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

The company’s U.S. product lineup includes fixed and flexible yield programs, an integrated crypto exchange, and crypto-backed credit lines. These services are offered through a compliant framework designed to support portfolio management and liquidity access for retail and institutional clients. Fiat on- and off-ramps are available via automated clearing house (ACH) and wire transfers.

The re-entry to the U.S. follows what the company called a “period of deliberate recalibration,” signaling a longer-term commitment to regulated markets. Nexo says the move also follows its “ongoing global expansion.” Nexo cited $371 billion in global transactions processed to date, in Monday's statement.

The firm’s broader expansion includes the acquisition of Argentina’s Buenbit and sponsorships with the ATP Dallas Open and the Audi Revolut F1 Team.

NexoBakktU.S. Regulation

More For You

From Wall Street to Web3: This is crypto’s year of integration, Silicon Valley Bank says

From bank-led stablecoins to tokenized T-bills and AI-powered wallets, digital assets will move from pilot projects to financial plumbing this year.

What to know:

  • Silicon Valley Bank's Anthony Vassallo says institutional adoption of crypto is accelerating, pushing bigger venture capital checks, more bank-led custody and lending, and deeper M&A consolidation.
  • Stablecoins are emerging as the “internet’s dollar,” fueled by clearer regulation and enterprise demand for payments and settlement.
  • Tokenized real-world assets and AI-driven crypto applications are shifting blockchain from speculation to core infrastructure, the bank said.
Read full story
Latest Crypto News

From Wall Street to Web3: This is crypto’s year of integration, Silicon Valley Bank says

Harvard cuts bitcoin exposure by 20%, adds new ether position

Bitcoin could fall to $10,000 as U.S. recession risk builds, Mike McGlone says

Hive, Riot earnings reports, Fed rate-decision minutes: Crypto Week Ahead

Metaplanet operating profit to rise 81% in 2026 after soaring 17-fold last year on options writing

Animoca Brands clears major regulatory hurdle with new Dubai license

Top Stories

Strategy says it can survive even if bitcoin drops to $8,000 and will 'equitize' debt

Ether steadies after $540 million sell wave to outperform wider crypto market

Crypto market drowns in red as bitcoin falls to $68,000

Binance's CZ echoes Consensus panelists on lack of privacy blocking crypto adoption

Market Opportunity
Union Logo
Union Price(U)
$0,001229
$0,001229$0,001229
+%1,23
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.