Nexo is set to return to the US market, announcing that it has officially rolled out a suite of digital asset services and trading infrastructure from US-based Bakkt.
The digital asset wealth platform pulled out of the U.S. at the end of 2022 after negotiations with state and federal regulators over the Earn Interest Product were called an “stalemate.” The company said it would no longer be able to operate in an “impossible environment” in 2022 following multiple law enforcement actions, including in California and New York. However, in April 2025, the company announced its return, adding that it would have $11 billion in assets under management.
The company’s U.S. product lineup includes fixed and flexible yield programs, integrated crypto exchanges, and crypto-backed lines of credit. These services are delivered through a compliant framework designed to support portfolio management and liquidity access for retail and institutional clients. Fiat entry and exit ramps are available through Automated Clearing House (ACH) and wire transfers.
The company’s re-entry into the U.S. follows what it called a “deliberate readjustment period” and signals a long-term commitment to the regulated market. Nexo said the move also follows the company’s “ongoing global expansion.” Nexo said in a statement Monday that it has processed $371 billion in global transactions to date.
The company’s extensive expansion includes the acquisition of Argentina’s Buenvit and sponsorships with the ATP Dallas Open and the Audi Revolt F1 Team.
