Nexo Re-enters US Market Following SEC Settlement, Partners with Bakkt for New Beginnings

On February 16, 2026, Nexo announced its return to the US market. This marks the end of a long wait since the 2022 settlement with the SEC and represents a renewed effort to offer its lending product services to US investors. The news is drawing significant attention as it reflects broader shifts in the regulatory landscape of the cryptocurrency market.

Background of Nexo’s Return to the US Market

In 2022, Nexo was sued by the Securities and Exchange Commission (SEC) for violations of regulations regarding its cryptocurrency lending product. This lawsuit caused significant disruption to Nexo’s business operations and forced it to suspend services in the US. After a period of three years, Nexo is now attempting to re-enter the US market, taking advantage of a somewhat relaxed regulatory environment following the SEC settlement. According to Decrypt, this partnership is expected to help Nexo leverage Bakkt’s infrastructure to provide US investors with a more stable service.

Significance of the SEC Settlement

The settlement with the SEC marked a significant turning point for Nexo. It provided Nexo with a foundation to continue its business in the US and could also serve as a positive signal for other cryptocurrency companies. As regulatory uncertainty is reduced, the cryptocurrency market has the potential to mature further.

Partnership with Bakkt

Through the partnership with Bakkt, Nexo will be able to provide US investors with a safer and more efficient service. Bakkt is a blockchain-based payment and storage solution provider, which provides the infrastructure needed to operate Nexo’s cryptocurrency lending services securely. Decrypt reports that this partnership is expected to be a stepping stone for Nexo to grow rapidly in the US market. In particular, Bakkt’s technology is expected to play a crucial role in Nexo gaining the trust of US investors.

Future Outlook

Nexo’s return to the US market is attracting attention as it reflects changes in the regulatory landscape of the cryptocurrency market. It remains to be seen whether Nexo will successfully provide services in the US through the partnership with Bakkt. FireMarkets provides expert analysis columns and diverse asset charting tools to analyze the ripple effects of global economic issues on asset markets from multiple angles.