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Nexo re-enters the U.S. market three years after exiting due to regulatory issues
The digital assets wealth platform’s rollout includes regulated yield accounts, credit lines and exchange access backed by Bakkt.
Updated Feb 16, 2026, 3:06 p.m. Published Feb 16, 2026, 2:30 p.m.
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What to know:
- Nexo has reentered the U.S. market, rolling out a suite of digital asset services and trading infrastructure powered by U.S.-based Bakkt.
- The company, which left the U.S. in 2022 after regulatory clashes over its Earn Interest Product, returns with $11 billion in assets under management and a focus on operating within a compliant framework.
- Nexo’s U.S. offerings include fixed and flexible yield programs, an integrated crypto exchange, crypto-backed credit lines, and fiat on- and off-ramps via ACH and wire transfers, as part of a broader global expansion that includes acquisitions and major sports sponsorships.
Nexo is set to return to the U.S. market, saying it has officially rolled-out a suite of digital asset offerings and trading infrastructure from the U.S.-based Bakkt.
The digital asset wealth platform withdrew from the U.S. in late 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 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 it would return, adding had $11 billion in assets under management.
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The company’s U.S. product lineup includes fixed and flexible yield programs, an integrated crypto exchange, and crypto-backed credit lines. 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 via automated clearing house (ACH) and wire transfers.
The re-entry to the U.S. follows 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.
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