It looks like Nexo is getting a second lease on life in the US. Crypto company Nexo has relaunched in the United States, it said on Monday, three years after leaving the country and paying a $45 million fine following clashes with regulators.

What is Nexo?

Nexo is a cryptocurrency financial services company founded in 2018 by Kosta Kantchev, Antoni Trenchev, and Kalin Metodiev. The company was created to provide crypto-backed lending solutions, allowing users to borrow cash or stablecoins using digital assets such as Bitcoin and Ethereum as collateral. It became one of the first platforms to offer instant crypto-backed loans, helping bridge traditional financial services with blockchain technology.

Nexo is headquartered in…