Key Takeaways
The relaunch reflects what Nexo describes as a more constructive regulatory environment in the US, alongside structural adjustments to its operating model designed to align with domestic securities and compliance frameworks.
Nexo departed the US market in late 2022, citing regulatory challenges and enforcement pressure during the prior SEC administration. In 2023, the company reached a $45 million settlement with the SEC, alongside a $22.5 million multi-state agreement related to allegations that certain interest-bearing products constituted unregistered securities. The settlements were reached without admission of wrongdoing.
Nexo returns to the United States.
The official relaunch is being executed with regulated partners, providing a U.S.-compliant framework for our investment and credit product offerings. 🧵 pic.twitter.com/pt0A4ETRdt
— Nexo (@Nexo) February 16, 2026
Since then, the regulatory tone in Washington has shifted. Under SEC Chair Paul Atkins, appointed following the 2024–2025 electoral cycle, industry participants have noted clearer signals regarding compliance pathways and a more defined supervisory framework for digital asset platforms.
Nexo’s US relaunch includes a range of services tailored to comply with current regulations:
Notably absent is the original Crypto Earn product, which was discontinued following regulatory settlements and will not be reintroduced for US users at this stage.
Nexo’s return is structured around partnerships with licensed US providers. Trading infrastructure is powered by Bakkt, a publicly listed digital asset platform known for its institutional-grade compliance and risk management capabilities.
According to Nexo’s Head of Communications, Eleonor Genova, certain services are made available through a third-party SEC-registered investment adviser, operating under applicable US securities laws. The firm has also established a US base in Florida, with a dedicated management team expected to be announced in the coming months.
Nexo’s re-entry reflects a broader trend of crypto companies reconsidering the US market after a period of retreat. Several firms that previously scaled back or exited operations during heightened enforcement activity are now reassessing opportunities amid improved regulatory clarity.
Although comprehensive federal legislation such as the proposed CLARITY Act remains under debate, incremental regulatory adjustments and evolving SEC guidance have created space for compliant business models. Partnerships with established entities like Bakkt signal an emphasis on risk management and structural alignment with US standards.
The relaunch reintroduces a regulated crypto lending and yield platform into a US market still shaped by the collapse of earlier players such as BlockFi and Celsius. For retail and institutional participants, access to crypto-backed credit lines and yield products under structured compliance frameworks may help restore confidence in the sector.
At the same time, competition in the US lending market remains cautious, with firms prioritizing balance-sheet transparency and regulatory engagement following the events of 2022–2023.
Nexo’s return underscores a recalibration rather than a return to prior operating models. By restructuring its US offering through licensed partnerships and investment adviser frameworks, the company is positioning itself within the evolving regulatory perimeter.
Whether the broader reshoring trend accelerates will depend on continued regulatory clarity and the durability of the current policy environment. For now, Nexo’s relaunch represents a notable test case for how international crypto platforms can re-enter the US market under tightened compliance standards.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
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