Crypto lender Nexo is making a comeback to the U.S. market after a two-year hiatus due to regulatory challenges. Co-founder Antoni Trenchev announced the relaunch, attributing it to a more favorable regulatory environment under the Trump administration. The platform, which now manages $11 billion in assets, will offer a full range of services to U.S. retail and institutional clients, including high-yield savings products and asset-backed credit lines. Nexo exited the U.S. in 2022 amid regulatory friction and market instability following the collapse of crypto exchange FTX. Trenchev expressed optimism about the U.S. becoming a place that champions innovation once again, acknowledging the vision of President Trump and his administration. By returning, Nexo aims to reinstate its services, promising offerings that were suspended during its absence. The company emphasized its commitment to operate within regulatory frameworks while fostering financial innovation in the burgeoning digital asset space.

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