Nexo Plans U.S. Return with AI Expansion After Regulatory Pause
Crypto lender Nexo is preparing to re-enter the U.S. market after a two-year hiatus, signaling a strategic pivot toward artificial intelligence tools alongside its core lending services. The announcement, made at a high-profile event in Sofia, featured an unexpected appearance by Donald Trump Jr., who endorsed cryptocurrencies as "the future of finance."
Co-founder Antoni Trenchev revealed ongoing discussions with U.S. regulators, marking a potential resolution to compliance challenges that prompted Nexo’s 2022 retreat. The company’s expanded AI ambitions suggest a broader play for institutional adoption beyond traditional crypto services.