Nexo's U.S. Return: Resilience or Risk?

Nexo's re-entry into the U.S. market after a three-year hiatus is either a bold move towards regulatory resilience or a risky gamble in a volatile landscape. This comeback, marked by a partnership with Bakkt, is significant for both Nexo and the evolving crypto regulatory environment in America.

Opinion: Nexo's return could signal a new phase of compliance-driven operations, but the inherent risks of U.S. regulations can't be ignored.

What we know

• Nexo has partnered with Bakkt to re-enter the U.S. market.
• The company had previously exited the U.S. due to regulatory challenges.
• Nexo plans to offer crypto yield, lending, and exchange services.
• The partnership aims to ensure compliance with U.S. regulations.
• This marks a significant step for Nexo in expanding its global footprint.

The take

Nexo's return to the U.S. market is a calculated move to tap into one of the world's largest crypto markets. By partnering with Bakkt, Nexo is not just re-entering the market but doing so with a focus on compliance. This could set a precedent for how crypto firms navigate the complex regulatory environment in the U.S.

However, the move is not without risks. The U.S. regulatory landscape is notoriously unpredictable, and Nexo's success will depend on its ability to adapt to ongoing changes. The partnership with Bakkt suggests a strategic approach, but whether this will be enough remains to be seen.

Ultimately, Nexo's return could either herald a new era of regulatory resilience or highlight the ongoing challenges faced by crypto firms in the U.S.

Counterpoints

• The U.S. regulatory environment remains uncertain and could pose new challenges.
• Nexo's previous exit shows the difficulty of sustaining operations under U.S. regulations.
• The partnership with Bakkt might not fully mitigate regulatory risks.

What to watch next

• How Nexo navigates future regulatory changes in the U.S.
• The impact of Nexo's U.S. operations on its global strategy.
• Other crypto firms' responses to Nexo's re-entry and partnership model.
• Potential regulatory actions that could affect Nexo's offerings.

Risk & Disclosure

This is not financial advice. This article represents the author's opinion based on available information. Cryptocurrency markets are highly volatile and speculative. Always do your own research.

Sources

• https://cointelegraph.com/news/nexo-relaunch-united-states
• https://www.coindesk.com/business/2026/02/16/nexo-partners-with-bakkt-reenters-the-u-s-with-crypto-yield-lending-and-exchange-services