- Nexo has fully resumed U.S. operations, offering instant crypto loans, savings accounts, and USD banking services.
- Its return comes amid a strong crypto lending market recovery, with total value locked reaching $15 billion by April 2025.
Nexo has officially resumed operations in the United States, marking a major comeback after its 2022 exit. At a private event featuring Donald Trump Jr. and Israel’s Minister of Innovation, Science, and Technology, Gila Gamliel, Nexo announced its expanded suite of digital banking services now available to American users.
Managing around $11 billion in assets, Nexo’s re-entry showcases its renewed commitment to both retail and institutional clients. Co-founder Antoni Trenchev declared, “America is back, and so is Nexo,” crediting the current U.S. administration’s pro-innovation stance for creating a supportive environment for fintech and crypto growth.
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What Nexo Is Bringing Back
Nexo’s U.S. customers can now access a refreshed lineup of products:
- Instant Crypto Credit Lines: Borrow instantly against over 100 cryptocurrencies, like Bitcoin and Ethereum, without selling assets.
- Crypto Savings Accounts: Enjoy daily interest payouts with flexible and fixed-term options, offering competitive APYs on crypto and stablecoin deposits.
- Personal U.S. Dollar Accounts: Open USD accounts for direct deposits, holdings, and easy withdrawals.
- Crypto-Backed Loans: Tap into liquidity without forfeiting ownership of your crypto holdings.
These services are designed to offer comprehensive digital asset banking solutions under the evolving U.S. regulatory landscape.
Why Now?
Nexo’s return comes at a time when the crypto lending sector is showing strong signs of revival. Following a turbulent 2022 that saw multiple platform failures, the industry has rebounded significantly. According to DeFiLlama, total value locked (TVL) in crypto-backed lending platforms surged 53% to $15 billion by April 2025, up from $9.8 billion at the end of 2024.
Donald Trump Jr., during his keynote speech, emphasized the growing role of digital assets in fueling U.S. economic growth, calling for policies that nurture innovation and entrepreneurship.
As the crypto sector regains momentum, Nexo’s full return positions it to capitalize on a renewed wave of institutional and retail interest—and possibly lead the next chapter of crypto banking evolution in America.
