Nexo Returns to US Market with Promises of Instant Crypto Credit Lines and Other Products

The digital asset and crypto lending focused firm, Nexo, has re-entered the US market. By updating the title and description, we can increase the click-through rate from search results.

Crypto lender Nexo is returning to the U.S. market with its full suite of digital-asset banking products, which will include instant crypto credit lines, flexible and fixed-term savings plans, personal U.S. dollar accounts and crypto-backed loans.

The firm, which previously pulled out of the States in 2022 amid clashes with regulators, will also be bringing its own Web3 wallet and its venture arm, Nexo Ventures, a $150 million in-house investment fund providing support to DeFi, blockchain gaming, and NFT projects in the Web3 ecosystem.

This return comes amid the developing pro-crypto regulatory environment in the US. New SEC Chair Paul Altkins have taken the lead as he discusses clear regulations for the crypto industry.

This return was announced at an exclusive event where Nexo co-founder and CEO Antoni Trenchev was joined by Donald Trump Jr., and Israel’s Minister of Innovation ans Science, Gila Gamliel.

The event, which was attended by a select group of guests, also heard from U.S. President Trump who had the following message for those in attendance.

“We see the opportunity for the financial sector and want to ensure we bring that back to the U.S.,” Trump stated.

It is an advantage that could serve it well as it expands into the U.S. market.

Last year, Nexo stepped out of the U.S. market amid clashes with regulators and as the year unfolded in bleak fashion for crypto lenders with many pulling out or going bankrupt.

However, there has been an evident rebound in the market, which is good news for Nexo. According to DeFillama data, total value locked in crypto-backed lending has climbed past $15 billion in April 2025. This is up by 53.1% — from $9.8 billion at the end of Q4 2024 to present $15 billion. This underscores renewed borrowing activity as rates become more competitive with traditional credit lines.

In fact, in the last 24-hours, DeFi lending protocols have added $2.3 billion in TVL with 6% bump. Active loans are rising by $700 million — reflecting traders’ growing appetite for on-chain credit.

In the broader market itself, there is a bullish sentiment. BTC Price has surged past $95K and ETH is trading around $1,808 as of writing.