Nexo is one of the world’s most popular crypto service providers. While best-known for its lending products, Nexo also offers trading and savings services to over 7 million customers, providing an all-in-one hub for all things crypto.
On July 28, 2026, Nexo reaffirmed its commitment to product compliance across the European Economic Area (EEA), following the Markets in Crypto Assets Regulation (MiCAR) coming into enforcement on July 1, 2026. Nexo has MiCAR approval and operates a local European setup with two licensed partners: Tangany and DLT Finance.
Nexo’s Chief Product Officer (CPO), Yasen Yankov, had this to say:
“MiCAR is the most consequential regulatory framework digital assets have seen in Europe, and Nexo has been preparing for а long time. When it came to choosing DLT Finance and Tangany, the standard was non-negotiable: our partners are best-in-class – rigorously regulated, technically sophisticated, and aligned with how we think about client protection. Europe is where Nexo was built, and it remains central to our global strategy. We’re proud to have partners who can contribute to our ambitions here. Now, at the end of a robust testing phase, all Nexo services are provided in the usual way with no disruptions.”
Nexo’s MiCAR Partners
Nexo will be working closely with two MiCAR-licensed partners to enhance local infrastructure and help it navigate the EEA market. By splitting brokerage and custody services across separate, trusted entities, Nexo can leverage the best partners for each while ensuring its infrastructure is specifically tailored to the European market.
Tangany is a Munich-based digital asset custody provider that’s MiCAR-licensed and regulated by Germany’s Federal Financial Supervisory Authority (BaFin). It offers institutional-grade custody infrastructure to illustrious clients, including banks, brokers, and corporations, helping them launch large-scale digital asset products. It supports Nexo with locally compliant, secure asset-custody infrastructure.
Discussing the partnership, Tangany CEO Martin Kreitmair said:
“This partnership is a strong signal of what’s possible in the post-MiCAR landscape with the right partners and institutional-grade custody infrastructure. What our three teams achieved together despite the project’s complexity sets a blueprint for institutions navigating the European market. We couldn’t be more proud to be part of Nexo’s European growth story.”
Operated by DLT Securities GmbH (regulated by BaFin), DLT Finance delivers secure, compliant, and innovative digital asset solutions to help brands launch scalable crypto trading products. DLT Finance has worked with well-known firms, including Kraken and Donner & Reuschel. The MiFID II-authorized company will provide Nexo with enterprise-level brokerage infrastructure.
Alan Kennedy, Senior Partnerships Manager at DLT Finance, shared excitement about working with Nexo:
“The strongest digital asset platforms are built on infrastructure that clients do not have to think about, it simply works. Our role is to support Nexo with the financial market infrastructure and execution capabilities needed to deliver a seamless user experience across multiple products. Nexo has built one of the most recognizable digital asset wealth platforms globally, and we are proud to support its next chapter in Europe.”
Looking Forward
The Markets in Crypto Assets Regulation came into effect on July 1, 2026, and around 80% of platforms operating in Europe failed to get approval in time. As a result, platforms like Nexo, which prioritize transparency and local compliance, could see a surge in users displaced by MiCAR restrictions.
Nexo is already established globally. It ranks among the world’s three largest crypto lending platforms (as of Q3 2025). As the company strengthens its European foundations, Nexo’s global success is likely to be reflected in its regional operations. Nexo is an excellent case study for deploying a crypto service in Europe and a strong choice for people seeking a MiCAR-compliant lending/trading platform, so it’s worth keeping an eye on it going forward.
With over half a decade of experience commentating on the cryptocurrency market and even more as a trader and investor, Jay has developed a robust knowledge base that enables him to dive deep into the inner workings of crypto platforms and the broader market to deliver unique, user-focused insight.
Jay's work has spanned public relations firms, crypto projects, affiliate sites, and news outlets.
