ET 10:24

Nexo Partners with Bakkt to Relaunch U.S. Crypto Services Post-SEC Settlement

Nexo announced its return to the U.S. market, relaunching Yield, Exchange Loyalty, and Credit Lines through Bakkt's infrastructure. The move follows a 2023 SEC settlement and Nexo's 2022 U.S. withdrawal. The platform, managing $11 billion in assets, now partners with licensed U.S. providers. Services include crypto trading, loyalty rewards, crypto-backed credit lines, and fixed/flexible yield. Nexo clarifies this is not a continuation of its previously discontinued Earn Interest Product.

EditorJack Lee