Nexo Returns to U.S. Market After 2023 SEC Settlement

Crypto lender Nexo relaunched U.S. operations on February 16, 2026, three years after exiting amid a $45 million settlement with the SEC over unregistered securities in its lending product. The company will now offer crypto-backed loans and yield products through a partnership with Bakkt, using SEC-registered advisers where required. Nexo emphasized its current U.S. offerings are structured differently and delivered via licensed partners. The move follows the SEC's easing of crypto enforcement under the new administration. Nexo has faced scrutiny for past ties to the Trump family, but stated its return is based solely on regulatory compliance.