Particle.news

Nexo Reenters U.S. Market With Bakkt-Backed, Compliance-Focused Platform

The company says it is using licensed U.S. partners, with a structure that differs from the interest product ended under the SEC settlement.

Overview

  • Nexo formally relaunched in the United States on Feb. 16, 2026, offering flexible and fixed-term yield programs, an integrated exchange, crypto-backed credit lines, a loyalty program, and ACH and wire fiat rails.
  • Trading infrastructure for the U.S. platform is provided by Bakkt, a publicly listed U.S. provider positioned around institutional risk management and regulatory compliance.
  • Nexo states the services are delivered through appropriately licensed U.S. partners, including, where applicable, an SEC-registered investment adviser, after discontinuing its Earn Interest Product for U.S. users in 2023 under an SEC order.
  • The company reports about $11 billion in assets under management and $371 billion in processed transactions as it returns following its 2022 U.S. exit after regulatory clashes.
  • Coverage notes Nexo executives’ contacts with the Trump family, while the company says the decision to return is based on offering products in a compliant structure and not related to those interactions.