Nexo is set to return to the US market, claiming to have officially rolled out a suite of digital asset and trading infrastructure offerings from US firm Bakkt.
The digital asset wealth platform withdrew from the United States at the end of 2022 after what it called an “impasse” 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 its return, adding that it had $11 billion in assets under management.
The company’s U.S. product line includes fixed and flexible yield programs, an integrated crypto exchange, and cryptocurrency-backed credit lines. These services are offered through a compliant framework designed to support portfolio management and access to liquidity for retail and institutional clients. Fiat on- and off-ramps are available via Automated Clearing House (ACH) and wire transfers.
The reentry into the United States follows what the company calls a “period of deliberate recalibration,” signaling a longer-term commitment to regulated markets. Nexo says the move also follows its “continued global expansion.” Nexo cited $371 billion in global transactions processed to date, in Monday’s release.
The company’s wider expansion includes the acquisition of Argentina’s Buenbit and sponsorships with the ATP Dallas Open and the Audi Revolut F1 Team.
