Nexo announced that he officially returned to the US market after about two years of silence. This decision of the company was shaped by the impact of the recovery process and a warmer approach to innovation throughout the sector. Nexo aims to provide more comprehensive financial solutions to both individual and corporate customers with its expanding service portfolio and restructured strategy.
Change on the regulatory side paved the way for the company
Towards the end of 2022, Nexo had to suspend his operations in the United States. The negotiations with the state and federal regulators resulted in the lack of the desired compromise on early interest -generated products. In addition, the market turmoil in the same period and large bankruptcies such as FTX significantly increased the company’s perception of risk.
At this point today, Nexo officials point out that the current regulatory environment is now open to more innovative solutions. In the statements, the new era, companies to develop more free products and provide services to provide the opportunity to provide. The company emphasizes that this improvement gives them the courage to be active in the US again.
Speaking at a press conference, Nexo co -founder Antoni Trenchev strongly declared their return with the phrase “America is back and so is nexo”. Trenchev also added that the changing political atmosphere and innovation -friendly approach in the country is an important source of motivation.
The renewed portfolio has been upgraded
Nexo aims to further diversify its services in the US compared to previous periods. The company is preparing to offer special solutions to both individual and corporate customers with the asset under the management of $ 11 billion. Many different service packages, from savings accounts to asset guaranteed loans, advanced trade vehicles, are on the agenda.
New products that provide high return opportunities aim to attract the attention of investors. In particular, Nexo, which wants to respond to the search for alternative financial products recently, shapes its product range according to the current needs of the market. In this respect, it is planned to offer user -friendly platforms and more flexible credit lines.
The company’s executives say that they will follow a growth strategy compatible with more cautious and regulatory institutions with the courses taken from the past. Although it is not possible to completely eliminate uncertainties, it is pointed out that Nexo’s reflexes on risk management in the new era will be much stronger.
Given the wavy structure of the global crypto currency market, Nexo’s US move is considered one of the signals of recovery in the sector. In the coming period, the company has also targeted to integrate with new US -based financial technologies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
