Home BlockchainNexo Taps Bakkt For US Return Three Years After SEC Settlement Over Lending Product

Nexo Taps Bakkt For US Return Three Years After SEC Settlement Over Lending Product

by Decrypt
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Nexo Taps Bakkt For US Return Three Years After SEC Settlement Over Lending Product

In brief

  • Nexo said it’s returning to the U.S.
  • The company will offer various products using Bakkt.
  • The firm’s previous lending product generated SEC scrutiny.

Nexo announced on Monday that it had become the latest crypto firm to return to the U.S. following what critics called a regulatory assault under the SEC’s previous leadership.

In a press release, the company that once positioned itself as a crypto lender said that it was “relaunching its flagship Yield, Exchange Loyalty, and Credit…

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