Nexo announced it is re-entering the U.S. market, three years after settling a $45 million case with the SEC over its unregistered Earn Interest Product. The company, which previously faced scrutiny under the SEC’s former leadership, is partnering with Bakkt to offer a compliant framework for its offerings, including crypto trading and credit services. This move aligns with a broader industry trend of crypto firms utilizing established infrastructure providers to ensure compliance when relaunching in the U.S. and follows recent regulatory shifts encouraging such returns. Nexo’s relaunch involves partnerships with licensed service providers to manage its digital asset offerings.
Nexo returns to US with Bakkt partnership after SEC settlement
