SEC Used to Hunt Nexo Crypto—Now It’s Back in the U.S. Market. Don’t Miss the Rally!

Founded in late 2018 by finance experts Kosta Kantchev, Antoni Trenchev, and Kalin Metodiev, Nexo Crypto is a global digital asset platform offering a variety of financial services to help users manage and grow their cryptocurrency. Nexo provides crypto-backed loans, interest-earning accounts, and a cryptocurrency exchange. Its native token, NEXO, is available on major exchanges like Binance and Bitfinex. Initially launched as a lending platform where users had to provide extra collateral, Nexo has now expanded to offer a complete range of services for managing crypto assets.

Nexo Faces Regulatory Challenges in the U.S.

In January 2023, Nexo Crypto ran into serious regulatory trouble when the U.S. Securities and Exchange Commission (SEC) charged the platform with offering unregistered securities through its Earn Interest Product (EIP). This service let users earn interest on their crypto holdings, but the SEC saw it as a violation of securities laws. This action was part of a wider crackdown on crypto lending platforms. Around the same time, New York-based BlockFi settled with the SEC for $100 million.

To settle the charges, Nexo agreed to pay a total of $45 million in penalties splitting the amount equally between the SEC and state regulators. Following the settlement, Nexo stopped offering the EIP to U.S. investors and temporarily exited the U.S. market, marking a tough chapter for the company.

Nexo Crypto Returns to the U.S. with New Services

As of April 28, 2025, Nexo Crypto announced it is returning to the U.S. market, offering a range of new crypto services for both individual and institutional investors. News outlets covered this announcement, and Nexo’s official blog stated, “We are proud to announce that we are returning to the United States, a country once again ready to lead the digital asset revolution.”

Nexo’s new services include crypto-backed loans, interest-earning accounts with APYs up to 16%, and a full cryptocurrency exchange. These offerings aim to provide users with more flexible options for managing and growing their digital assets. Nexo’s return highlights changes in U.S. regulations, where digital assets are now more widely recognized and supported, creating new opportunities for platforms and investors.

How Nexo’s Platform Works

Nexo’s platform lets users trade over 100 digital assets, set up recurring buy orders, and access crypto-backed credit lines without needing to sell their holdings. The interest-earning feature, previously under SEC scrutiny, has been revamped to fully comply with U.S. regulations. Users can now earn up to 14% annual interest on their balances, with funds available to spend anytime.

Additionally, Nexo offers a Nexo Card that works for both debit and credit spending, which users can switch between at will. The platform’s crypto-backed loans let users borrow against their crypto assets, helping them preserve their holdings while still accessing liquidity. This service has grown significantly, with a 72% increase in borrowing via the Nexo Card’s Credit Mode, according to the 2024 Nexo Card Annual Report released on July 11, 2025.

Nexo’s comeback to the U.S. market is being seen as a potential spark for a broader crypto rally. Analysts believe that Nexo’s return could inspire other crypto companies that left the U.S. due to regulatory uncertainties to rethink their decisions. This could mean more competition, innovation, and growth in the space.

Supporting this optimistic outlook are Nexo’s recent moves, like becoming the first-ever digital asset and wealth partner of the DP World Tour in early July 2025. Through launching the Nexo Championship and hosting premium experiences at six top tournaments, Nexo is working to bring crypto wealth management into the mainstream especially among high-net-worth individuals and sports fans.

Investors should stay cautious. The U.S. crypto regulatory landscape is still shifting. Although Nexo has resolved its SEC issues, risks remain, including market swings and potential new regulations down the road. The SEC’s actions against Nexo and similar platforms underscore the importance of compliance for crypto’s long-term future.

Nexo Crypto’s Comeback

Nexo Crypto’s journey from facing SEC charges to making a strong comeback in the U.S. market shows how adaptable and resilient it is, and how quickly things can change in the crypto world. Since returning in April 2025, Nexo has introduced new services, bringing fresh hope for the future of crypto in the U.S.

For investors, this is an opportunity to get involved in a potential rally but also a reminder to stay informed and cautious in this fast-moving, often unpredictable market. Always invest wisely, manage your risks, and consider talking to financial professionals. For more information, visit Nexo’s official website and read the SEC’s press release.

FAQs

1. What is Nexo Crypto?
   Nexo Crypto is a global digital assets platform offering crypto-backed loans, interest-earning accounts with up to 16% APY, and a cryptocurrency exchange, built to help users manage and grow their crypto holdings.
2. Why did Nexo Crypto face SEC scrutiny?
   In January 2023, the SEC charged Nexo Crypto with offering unregistered securities through its Earn Interest Product, leading to a $45 million settlement and a temporary exit from the U.S. market.
3. What new services does Nexo Crypto offer in the U.S. now?
   As of April 2025, Nexo Crypto reentered the U.S. with compliant crypto-backed loans, interest-earning accounts, a cryptocurrency exchange, and the Nexo Card for debit and credit spending.
4. Can Nexo Crypto’s return lead to a market rally?
   Nexo Crypto’s U.S. comeback may spark a rally due to its new services and a more crypto-friendly regulatory environment, but success depends on market conditions and individual investment strategies.
5. What are the risks of investing with Nexo Crypto?
   Risks include market volatility, potential regulatory changes, and the need for careful strategy, as with any DeFi platform. Investors should start small and stay informed, as advised on nexo.com.