Overview

• Nexo withdrew from the U.S. in 2022 following regulatory disputes and market instability after the collapse of FTX.
• The company settled with U.S. regulators in 2023, agreeing to pay $45 million in fines over its Earn Interest Product.
• Nexo plans to reenter the U.S. market in the coming months, offering savings, lending, and trading services for retail and institutional clients.
• Co-founder Antoni Trenchev credits a shift in U.S. crypto policy under President Trump for creating a more supportive environment for innovation.
• Nexo is engaging in ongoing discussions with the SEC and other regulators to facilitate its return, though specific agreements have not yet been disclosed.