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Crypto Lender Nexo Returns to U.S.

The Bulgarian lender cites the Trump Admin's crypto-friendly policy as the reason for the return.
Crypto Lender Nexo Returns to U.S.
Bankless Bankless
Apr 28, 2025 • 1 min read
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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.

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