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Crypto-Lending Giant Returns to U.S. Market With Trump Support

Crypto-Lending Giant Returns to U.S. Market With Trump Support WikiBit 2025-04-28 16:13

Nexo in US:- The digital asset and crypto lending focused firm, Nexo, has re-entered US market. In a latest update coming from an exclusive event, the

Crypto

Crypto-Lending Giant Returns to U.S. Market With Trump Support

Nexo in US:- The digital asset and crypto lending focused firm, Nexo, has re-entered US market. In a latest update coming from an exclusive event, the firm is making its re-entry into the market it left in 2022.

Nexo co-founder and CEO Antoni Trenchev announced, “America is Back – and so is Nexo”.

This return comes amid the developing pro-crypto regulatory environment in the US. The new SEC Chair Paul Altkins have taken the lead. As he discusses clear regulations for the crypto industry, the crypto market is expecting bullish sentiments ahead.

What Nexo re-entry means for US users

According to the announcement on X, Nexo will offer its full suite of digital-asset banking products to US users, including:

1. Instant Crypto Credit Lines – This will allow users in US to borrow against BTC, ETH and 100+ other tokens. They can borrow at industry-leading rates ( 2.9% APR) without selling their assets.

2. Flexible & Fixed-Term Savings: Nexo also provides

arn daily yields on crypto and stablecoins.

3. Personal USD Accounts: It allows users to top up, hold and withdraw U.S. dollars directly in your name.

4. Crypto-Backed Loans: The critical business operation of Nexo. Users in US market will be able to access liquidity on demand by its platform. However, it can also be accessed by keeping their crypto holdings as collateral.

It also has its own Web3 wallet and its venture arm, Nexo Ventures. The venture arm is a dedicated $150 million in-house investment fund providing support to DeFi, blockchain gaming, and NFT projects in the Web3 ecosystem.

Source: X postEntry Amid Market Rebound And Top Diplomatic Support

Nexo‘s re-entry announcement in the US market gains more strategic significance as it was unveiled in the presence of top diplomatic circles. In the recently concluded exclusive event, co-founder of Nexo, Antoni Trenchev, was present with Donald Trump Jr., and Israel’s Minister of Innovation ans Science, Gila Gamliel.

US President Trump declared in the event, “We see the opportunity for the financial sector and want to ensure we bring that back to the U.S..”

This suggests that UK-based crypto lender Nexo enjoys high-level connections in White House circles. This is an advantage that could serve it well as it expands into the U.S. market.

In 2022, Nexo stepped out of the US market amid clashes with the regulators. The doomed year for crypto lenders saw many such firms quitting or filing for bankruptcy.

However, now there is an evident rebound in the market. 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.

Crypto Lending Market TVL as of April 25

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.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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