Nexo has officially re-launched its digital asset wealth platform in the United States, marking a return after its 2022 departure. The company’s re-entry is powered by infrastructure from Bakkt, ensuring a regulated environment for its suite of offerings. These services include fixed and flexible yield programs, crypto-backed credit lines, and an integrated exchange featuring fiat on- and off-ramps via ACH and wire transfers.
The platform’s return comes amid shifting US policy, with Nexo leadership citing a more favorable regulatory landscape under the current administration. By partnering with a domestic custodian, Nexo aims to avoid the multi-agency friction that led to its previous withdrawal and $45 million settlement in 2023. Currently managing $11 billion in assets, the firm is positioning its institutional-grade liquidity and portfolio management tools to capture renewed domestic demand.
This domestic expansion is part of a broader global growth strategy that includes the acquisition of regional platforms like Argentina’s Buenbit and high-profile sports sponsorships. The firm has processed $371 billion in global transactions to date, reflecting its scale as it re-enters the American market.
