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Nexo Makes Bold US Comeback as Crypto Rules Relax—Just in Time for the Next Bubble

Nexo Makes Bold US Comeback as Crypto Rules Relax—Just in Time for the Next Bubble

Author:
Beincrypto
Published:
2025-04-29 18:41:33
10
3

After years of regulatory limbo, crypto lending giant Nexo is storming back into the US market. Their timing? Impeccable—just as Wall Street starts pretending it always loved blockchain.

The unbanked rebellion gets a Wall Street makeover

With states now scrambling to appear ’crypto-friendly,’ Nexo’s return signals a seismic shift. No more begging regulators for scraps—the company’s dumping $100M into US expansion, betting that politicians finally realized stifling innovation looks bad during election years.

Watch your back, traditional banks. The yield-hungry masses now have a shiny alternative to your 0.01% APY ’high-yield’ accounts—and this time, it’s wearing a regulatory compliance badge.

Nexo Is Coming Back to the US – Why It Matters

Nexo co-founder Antoni Trenchev announced the return during an exclusive business event attended by Donald Trump Jr., a vocal supporter of the crypto industry. The gathering underscored the growing political support for digital assets in the US.

“America is back — and so is Nexo. Thanks to the vision and leadership of President Donald J. Trump, his administration, and his family, the United States is once again a place where innovation is championed, not stifled. A place where pioneers are celebrated. Nexo is returning to America — stronger, smarter, and determined to win,” Trenchev said.

Donald Trump Jr. reinforced this sentiment, stating:

“Crypto is the future of finance. We must bring this innovation back to American soil to maintain our economic leadership.”

US users will regain access to all Nexo services, including:

  • High-yield crypto savings accounts
  • Asset-backed credit lines
  • Advanced trading
  • Institutional-grade liquidity solutions

Over the past week, the network’s native token, NEXO, surged by more than 12%, and the positive sentiment continued today following the news. Its market cap stands at $1.2 billion.

nexo price chart

NEXO Weekly Price Chart. Source: TradingView

Nexo is a popular crypto lending platform that has been operational since 2018. It has processed over $320 billion in transactions.

It exited the US in 2022 due to regulatory pressure. The SEC and several states (New York, Kentucky, and Vermont) accused Nexo of offering unregistered securities through its Earn Interest products. The crypto lender later agreed to pay a $45 million fine and discontinued services for US customers.

Now, with a more favorable regulatory climate, Nexo’s return marks a pivotal shift. The platform now aims to reinforce its mission of empowering users to grow and preserve crypto wealth with secure, tailored solutions.

Under Trump’s leadership, US regulators appear more open to crypto innovation, potentially paving the way for other exiled platforms to return. Recently, crypto market maker DWF Labs also announced its entry into the US market.

In January, TON Foundation said it is preparing for a major expansion in the United States thanks to the changing crypto regulatory environment.

|Square

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