Nexo Announces U.S. Reentry Amid Renewed Crypto Optimism Under Trump Administration

Crypto lender Nexo is making a strategic return to the U.S. market, two years after regulatory challenges forced its withdrawal. The firm, now managing $11 billion in assets, attributes its comeback to a more favorable regulatory climate under the Trump presidency.

"America is back and so is Nexo," declared co-founder Antoni Trenchev during a press event in Bulgaria, where he appeared alongside Donald Trump Jr. Trenchev praised the Trump administration’s pro-innovation stance, stating the U.S. has regained its position as a hub for financial pioneers.

The company plans to offer its full suite of services to both retail and institutional clients, including high-yield savings products and asset-backed credit lines. This move signals growing confidence among crypto firms in the U.S. regulatory environment.