Nexo Relaunches Crypto Platform in the United States
Nexo will relaunch its digital asset services and crypto exchange in the United States on Monday, more than three years after leaving the market amid battles with federal and state regulators. The rebooted platform will offer flexible and fixed-term yield programs, a spot cryptocurrency exchange, crypto-backed credit lines and a loyalty program, Nexo head of communications Eleonor Genova said.
Trading infrastructure for the US platform will be provided by Bakkt, a US-based digital asset platform focused on institutional clients. Genova said, "Nexo’s US offering is structured through partnerships with appropriately licensed US service providers. Certain services are made available via a third-party Securities and Exchange Commission-registered (SEC) investment adviser, which provides advisory services under applicable US securities laws." The new US operations will be based in Florida and run by a management team to be announced.
Nexo first signalled plans to return during an April 2025 event that featured Donald Trump Jr.
United States, Florida
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