Nexo is set to return to the US market, saying it has officially launched a suite of digital asset offerings and trading infrastructure from US-based Bakkt.
The digital asset wealth platform pulled out of the US at the end of 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 that it could no longer operate in an “impossible environment” following multiple enforcement actions, including those in California and New York. However, in April 2025, it announced that it would return, adding that it had $11 billion in assets under management.
The company’s product line in the US includes fixed and flexible return programs, an integrated cryptocurrency exchange, and cryptocurrency-backed lines of credit. 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 through automated clearing house (ACH) and bank transfers.
The re-entry into the United States comes after 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.
