Regulatory Approval Opens Regulated Lending Path

Nexo Australia has secured appointment as a Credit Representative under the National Consumer Credit Protection Act, enabling the company to offer crypto-backed credit products within Australia’s formal consumer credit framework. The authorisation positions the firm among a limited group of digital asset platforms permitted to lend against cryptocurrency collateral under the same consumer protection rules that apply to traditional lenders.

Nexo Australia is locally incorporated, registered with AUSTRAC as a Virtual Asset Service Provider, and a member of the Australian Financial Complaints Authority. Credit products for individual clients are provided by Nexo Individual Loans Pty Ltd and serviced by Avgi Pty Ltd under Australian Credit Licence 567308. Nexo Australia manages the products under Credit Representative Number 580430. The company has also lodged an application for an Australian Financial Services Licence.

Credit Lines Structure and Key Features

The newly launched Credit Lines allow eligible clients to access liquidity by pledging supported digital assets as collateral while retaining ownership and long-term market exposure. Interest rates range from 0.9 percent to 21.9 percent per annum, varying by loyalty tier and Credit Line version. Clients can select between Smart and Standard options, which differ in rates, eligible assets, and collateral management if the loan-to-value ratio rises.

Funds are typically available within 24 hours. The products carry no fixed term and no origination fees, and they support flexible repayment schedules. Disbursements can be made in Australian dollars or stablecoins. Australian clients receive dedicated AUD account numbers for deposits to reduce transfer delays and errors.

Additional tools include Collateral Exchange, which permits swapping between eligible collateral assets without closing an active Credit Line, and the Nexo Booster, which allows clients to increase digital asset positions by up to three times and use the new holdings as further collateral.

Nexo Growth and Loyalty Programme Return

Alongside the credit offering, Nexo has reintroduced its yield product in Australia under the name Nexo Growth. Clients can earn advertised returns of up to 10 percent per annum on supported assets, with rates varying by asset and term. Flexible Growth accrues returns daily and permits withdrawals on request, while Fixed-term Growth locks assets for a set period in exchange for a higher rate. Returns are not guaranteed. Clients transfer ownership of deposited assets and receive an unsecured contractual claim; the product is not a bank deposit and carries no capital protection.

The Wealth Club loyalty programme ties the services together across four tiers. Higher platform activity unlocks improved Credit Line rates, cashback, and lifestyle benefits such as merchandise, event tickets, and hospitality access. The programme received recognition as Best Wealth Client Loyalty Programme for Digital CX at The Digital Banker’s 2025 Digital CX Awards.

Market Backdrop and Company Scale

Nearly one in three Australians now holds cryptocurrency. At the same time, the country recorded A$9.8 billion in new personal fixed-term loan commitments in the March quarter of 2026, a 14.5 percent increase from the same period a year earlier. Much of the existing digital asset activity remains focused on buying, selling, and storage, leaving room for services that enable liquidity and returns while clients retain their holdings.

The launch builds on Nexo’s existing Australian presence, including its role as the first Official Crypto Partner of the Australian Open. The wider Nexo Group reports more than US$7 billion in assets under management, clients across more than 200 jurisdictions, and more than US$403 billion processed since operations began in 2018.

Borrowing against digital assets involves margin-call and liquidation risks. A decline in collateral value may require additional assets or result in partial or full loss of the pledged holdings. Access remains subject to eligibility checks, credit criteria, and product terms.