[IMPORTANT] Nexo Partners with Bakkt to Relaunch U.S. Crypto Services After SEC Settlement

Nexo announced its return to the U.S. market with the relaunch of crypto lending, trading, and loyalty products using Bakkt's infrastructure after settling with the SEC for $45 million in 2023. The company ceased U.S. operations in 2022 due to regulatory issues but aims to comply under new frameworks and partnerships with licensed providers. This move follows regulatory crackdowns on crypto lending platforms and reflects a broader industry shift toward compliance and safer operational models.