Crypto Lender Nexo Returns to U.S.
Nexo returns to the U.S., leveraging Trump administration policies, with plans to offer savings and trading services to American clients.
What’s the Scoop?
- Nexo Resumes U.S. Operations: After exiting the U.S. in 2022 due to regulatory hurdles, Nexo has re-entered the market.
- Trump Administration's Pro-Crypto Stance: Co-founder Antoni Trenchev cites the Trump administration’s pro-innovation policies as a key reason for Nexo's return.
- Expanding Service Offerings: Nexo plans to offer high-yield savings, credit lines, and trading products to U.S. retail and institutional clients.