nexo

According to research data from CryptoQuant, the lending demand in the crypto market saw a rebound in early 2026. The stablecoin lending activity on AAVE v3 slightly rebounded after hitting a low in December 2025, with the total lending volume increasing from the December low, indicating that market leverage demand is gradually recovering, although the recovery process is relatively mild, and the market is still in a cautious rebuilding phase.In addition, the credit activity of the CeFi lending platform Nexo also saw a recovery in early 2026, with credit withdrawals reaching $24 million in January, a month-on-month increase of 9%, but lending activity remains below mid-2025 levels. The lending demand for Ethereum significantly increased from September 2024 to January 2025. In January 2026, the total amount of ETH lent on AAVE v3 reached 1 million ETH, a month-on-month increase of 48%, which is 2.7 times the level in September 2024.The proportion of ETH in Nexo's collateral has risen from 9% in Q2 2024 to 12%, indicating that ETH holders are more inclined to obtain liquidity through lending rather than direct sales, while Bitcoin still accounts for 56% of the total collateral ratio.

The California Department of Financial Protection and Innovation (DFPI) announced a fine of $500,000 against the cryptocurrency asset management platform Nexo for providing crypto asset-backed loans to at least 5,456 California residents without obtaining state-level licensing.Regulators stated that an investigation found that Nexo's Nexo Capital Inc. (registered in the Cayman Islands) issued loans to consumers and businesses from July 2018 to November 2022 without a valid license, and failed to assess borrowers' repayment ability, existing debts, or credit history before lending, violating California's financial regulations. DFPI Director KC Mohseni stated, "Lending institutions must comply with the law and avoid issuing high-risk loans that endanger consumers, and crypto-backed loans are no exception." In addition to the fine, Nexo is also required to transfer all California user funds to a licensed U.S. affiliate within 150 days.This penalty comes at a time when Nexo has expressed plans to return to the U.S. market. The company had previously exited the U.S. under state and federal regulatory pressure in 2022. Earlier, Nexo reached a settlement totaling $45 million with the U.S. Securities and Exchange Commission (SEC) and multiple state regulators in 2023 for unregistered crypto lending and yield products. Analysts pointed out that this case again highlights the ongoing high-pressure stance of U.S. regulators on compliance in the crypto lending business, particularly regarding consumer protection and lending reviews. As of now, Nexo has not publicly responded to this matter.

According to Cointelegraph, cryptocurrency lending company Nexo Capital will pay a $500,000 fine to the California Department of Financial Protection and Innovation. The regulator accused the company of issuing thousands of loans to California residents without holding a valid license and failing to properly assess borrowers' ability to repay.The regulator stated that from July 2018 to November 2022, Nexo issued at least 5,456 consumer and business loans to California residents without a valid loan license, and typically did not assess borrowers' repayment ability, existing debts, or credit history before lending. Nexo must transfer all funds of California customers to its U.S. affiliate Nexo Financial LLC, which holds a California loan license, within 150 days.

According to CoinDesk, asset management platform Nexo has acquired Argentine crypto investment platform Buenbit, with the specific transaction amount undisclosed.The deal aims to deepen Nexo's presence in Latin America, allowing it to operate under Argentina's regulatory framework and reach Buenbit's user base in the country and Peru.After the transaction is completed, Buenos Aires will serve as Nexo's Latin American headquarters, supporting its expansion into Mexico and Peru. Nexo operates in over 150 jurisdictions, managing assets of approximately $11 billion. Buenbit is registered with the Argentine National Securities Commission (CNV) and offers fiat-to-crypto asset services.Additionally, the Central Bank of Argentina is drafting new regulations, planning to allow banks to provide cryptocurrency-related services to customers in the first half of next year.

Arkham tweeted that the U.S. government has transferred approximately $7.5 million worth of cryptocurrency in the past 24 hours, including $300,000 in NEXO, $3 million in WETH, and $4.2 million in TRX. The NEXO and TRX were seized from Alameda two years ago, while the WETH was seized from Bitfinex hacker Ilya Lichtenstein between 2022 and 2024.

Arkham officially posted on the X platform that the U.S. government transferred $7,500,000 in cryptocurrency again this morning. In the past 24 hours, the U.S. government transferred $300,000 in NEXO, $3,000,000 in WETH, and $4,200,000 in TRX. Among them, NEXO and TRX were seized from Alameda between 2022 and 2024, while WETH was seized from Bitfinex hacker Ilya Lichtenstein during the same period.

According to Arkham data, at 22:01, 46.26 BTC (worth approximately 14.98 million USD) was transferred from an anonymous address (starting with bc1q3gy2d...) to another anonymous address (starting with bc1qq3yx...).Subsequently, the address transferred a portion of the BTC (46.26223367 BTC) to Nexo.

ChainCatcher news, according to a disclosure by unfolded, as of June 30, Galaxy Research tracking shows that the outstanding borrowing scale of centralized finance (CeFi) reached $17.78 billion. This scale increased by 14.66% (i.e., $2.27 billion) compared to the previous quarter; compared to the bear market low of $7.18 billion in the fourth quarter of 2023, it has increased by $10.59 billion, a growth rate of 147.5%.Based on the amount of outstanding loans, Tether, Nexo, and Galaxy are the top three lenders.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the asset management platform Nexo redeemed 48,321 ETH (worth approximately $183 million) from ether.fi 4 hours ago, and subsequently transferred it to Binance.

ChainCatcher news, regarding the circulating rumor in the gaming community that "Tencent plans to acquire Nexon," sources close to Tencent have revealed that "Tencent has not contacted the founder's family to discuss a deal, nor is it considering acquiring Nexon."Previously, some media reported that Tencent was exploring the possibility of acquiring the South Korean game developer Nexon at a valuation of $15 billion (equivalent to 107.7 billion yuan) and had already engaged in discussions with the founder's family.

ChainCatcher news, citing sources from Bloomberg, reports that Tencent Holdings Limited is exploring a potential acquisition of the South Korean gaming company Nexon. The company has already reached out to the family of the late founder Kim Jung-ju to discuss the possibility of a purchase. It is reported that the Kim family is consulting with advisors to evaluate various options.According to sources, it is currently unclear how willing NXC is to sell its stake in Nexon, and there is no guarantee that Tencent's negotiations will lead to a deal, with the specific transaction structure still not finalized. Tencent representatives did not respond to requests for comment, and both Nexon and NXC declined to comment.Nexon, known for role-playing games such as "MapleStory," was founded in 1994 and completed the largest tech IPO at the time in Japan in 2011. Its Tokyo-listed stock has risen over 10% this year, with a market capitalization of approximately $15 billion. Tencent attempted to acquire Nexon in 2019 but was unsuccessful; the two companies previously collaborated on Tencent's significant revenue-generating game "Dungeon & Fighter."

ChainCatcher news, blockchain security company SlowMist has issued a security alert stating that potential suspicious activities related to the cryptocurrency platform Nexo have been detected. Specific details have not yet been disclosed, but users are reminded to stay vigilant and pay attention to the safety of their funds.

ChainCatcher news, according to CoinDesk, the crypto lending platform Nexo announced a minimum account usage threshold of $5,000 starting from February 21, 2025, to focus on serving high-net-worth clients. This initiative is part of its 2025 growth strategy and recent rebranding efforts.Nexo stated that the platform will be dedicated to supporting long-term holders and wealth creators through high-end customized services and wealth management solutions.

According to ChainCatcher news, the latest Dispatch report from Nexo discusses the recent cryptocurrency market:Bitcoin: Bitcoin reaching $100,000 may become a key support zone, with $2 billion flowing into spot ETFs at the beginning of January further solidifying this support level. Historical trends indicate that Bitcoin may rise further in January, as it has previously increased by 20-30% during this period. The report also notes that institutional investors like MicroStrategy will continue to accumulate Bitcoin.Ethereum: With the number of long-term holders continuously increasing (currently accounting for over 75% of investors) and strong inflows into spot ETFs, combined with high leverage in the futures market, there is optimism about this asset in 2025, suggesting that Ethereum is also poised for growth.Solana: At the beginning of 2025, Solana faces potential resistance due to a surge in market activity, and its development trajectory remains uncertain. Although technical indicators show bullish momentum, a sell-off may occur.Meanwhile, the broader cryptocurrency market is experiencing volatility due to the unlocking of billions of dollars in tokens this month, with daily releases of assets like Solana and Dogecoin (DOGE) expected to impact short-term price movements.The report emphasizes that some macroeconomic factors, such as U.S. labor market statistics, are significant influences on cryptocurrency demand, particularly for Bitcoin.

ChainCatcher news, according to Lookonchain monitoring, a whale associated with Nexo has recharged 4,946 ETH (approximately 17.2 million USD) to Binance in the past hour.Since December 2, Nexo has cumulatively recharged 114,262 ETH (approximately 423.3 million USD) to Binance, with an average price of 3,705 USD.

ChainCatcher news, according to Lookonchain monitoring, 1 hour ago, Nexo deposited 7,495 ETH (approximately 25 million USD) to Binance again.Nexo has deposited a total of 101,756 ETH (approximately 380 million USD) to Binance, with an average price of 3,737 USD.

ChainCatcher news, The ETF Store President Nate Geraci posted on social media that Nexo 7RCC has submitted the S-1 amendment for the world's first Bitcoin and carbon credit futures mixed ETF. The fund adopts a portfolio of 80% Bitcoin and 20% carbon credit futures, tracking carbon trading systems such as EU carbon emission allowances, California carbon allowances, and the Regional Greenhouse Gas Initiative. The SEC has approved its 19b-4 filing, which is seen as the ESG version of Bitcoin ETF. The fund's price fluctuations will be influenced by the spot price of Bitcoin, carbon credit allowances, and their futures prices.

ChainCatcher news, Nexon's Web3 subsidiary Nexpace plans to establish an independent office in Abu Dhabi next year and significantly expand its development team. Nexpace has already begun personnel transfers this year, and as of this month, about 10 employees are working in Abu Dhabi.

ChainCatcher news, according to Lookonchain monitoring, a whale address associated with Nexo unstaked 18,000 ETH (approximately 7.08 million USD) one hour ago and transferred it to Binance.Since December 2, this address has transferred a total of 72,419 ETH to Binance, with a total value of approximately 270.6 million USD. Currently, this address still holds 42,108 ETH, worth approximately 16.5 million USD.