Nexo, a prominent crypto lender, has announced its return to the US, a significant shift after its decision to exit the market in December 2022 due to regulatory uncertainties. During an exclusive event featuring Donald Trump Jr., Nexo revealed that it would again offer its product suite, which includes crypto savings accounts, asset-backed credit lines, and more. This move is seen as part of a broader resurgence in the crypto lending market, which had largely stagnated since the collapse of several key players in 2022, including BlockFi and FTX. The increased interest in crypto lending is reflected in reports indicating a 73% rise in centralized finance (CeFi) lending recently. However, experts emphasize that for the market's recovery to be sustainable, more regulatory clarity is essential to avoid the pitfalls of past collapses. This shift not only marks Nexo's comeback but also signals a warming attitude toward cryptocurrency in the US, particularly under the current administration.

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