Nexo in US:- The digital asset and crypto lending focused firm, Neso, has re-entered US market. In a latest update coming from an exclusive event, the firm is making its re-entry into the market it left in 2022.
Nexo co-founder and CEO Antoni Trenchev announced, “America is Back – and so is Nexo”.
This return comes amid the developing pro-crypto regulatory environment in the US. The new SEC Chair Paul Altkins have taken the lead. As he discusses clear regulations for the crypto industry, the crypto market is expecting bullish sentiments ahead.
What Nexo re-entry means for US users
According to the announcement on X, Nexo will offer its full suite of digital-asset banking products, including:
1. Instant Crypto Credit Lines – This will allow users in US to borrow against BTC, ETH and 100+ other tokens at industry-leading rates without selling their assets.
2. Flexible & Fixed-Term Savings: Nexo also provides high-yield crypto savings accounts. US customers can earn daily yields (up to market-leading APYs) on crypto and stablecoins, with no lock-ups.
3. Personal USD Accounts: It also allows users to top up, hold and withdraw U.S. dollars directly in your name.
4. Crypto-Backed Loans: The critical business operation of Nexo. Users will be able to access liquidity on demand by keeping their crypto holdings as collateral.
Entry Amid Market Rebound And Top Diplomatic Support
Nexo’s re-entry announcement gains more strategic significance as it was unveiled in the presence of top diplomatic circles. In the recently concluded exclusive event, co-founder of Nexo was present with Donald Trump Jr., and Israel’s Minister of Innovation, Gila Gamliel.
US President Trump declared in the event, “We see the opportunity for the financial sector and want to ensure we bring that back to the U.S..”
This signifies that UK-based crypto lending firm, Nexo, has top ties in the White House alleys.
Retail & institutional clients will have access to our hallmark offerings: high-yield #crypto savings accounts, asset-backed credit lines, advanced trading, and institutional-grade liquidity solutions.
— Nexo (@Nexo) April 28, 2025
In 2022, Nexo stepped out of the US market amid clashes with the regulators. The doomed year for crypto lenders saw many such firms quitting or filing for bankruptcy.
However, now there is a rebump in the market. According to DeFilama data, total value locked in crypto-backed lending has climbed past $15 billion in April 2025. This is up by 53.1% – from $9.8 billion at the end of Q4 2024 to present $15 billion. This underscores renewed borrowing activity as rates become more competitive with traditional credit lines
In fact, in the last 24-hours, DeFi lending protocols have added $2.3 billion in TVL (a ~6% bump). Active loans are rising by ~$700 million – reflecting traders’ growing appetite for on-chain credit.
In the broader market itself, there is a bullish sentiment. BTC Price has surged past $95K
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