Nexo Returns to U.S. With Crypto Platform, Yield Programs, and Lending
From financemagnates.com
Nexo has re-entered the United States market three years after its exit, launching a new suite of digital asset services built around the infrastructure support from U.S.-based Bakkt. In a Monday announcement, the firm presented the move as a fresh start in a market it once left. This time it emphasized compliance, risk management, and long-term growth instead of aggressive product rollout. Nexo originally withdrew from the U.S. in 2022 after clashes with state and federal regulators over its Earn Interest Product. It described the negotiations at the time as a "dead end" and the operating environment as ...
(full story)