Sydney, Australia, August 19, 2026 (Chainwire) — Nexo Australia has been appointed as a Credit Representative and has launched the company's Credit Lines in Australia, operating fully under the National Consumer Credit Protection Act and giving clients the safeguards that come only with borrowing from a regulated lender.

The milestone makes Nexo one of a small number of digital asset platforms offering regulated crypto-backed credit in Australia. Nexo Australia is locally incorporated, registered with AUSTRAC as a Virtual Asset Service Provider, and a member of the Australian Financial Complaints Authority (AFCA).

Under the National Consumer Credit Protection Act, administered by the Australian Securities and Investments Commission (ASIC), credit licensees and their authorised credit representatives must meet responsible lending obligations — including assessing whether a credit product is suitable for a borrower — and belong to an external dispute resolution scheme, the role AFCA membership fulfils. Nexo Australia's AUSTRAC registration separately places it under Australia's anti-money-laundering and counter-terrorism financing rules for virtual asset service providers.

The new Credit Lines — together with the Nexo Booster and the Wealth Club loyalty programme — join Nexo's existing Nexo Exchange and the newly rebranded Growth product, bringing the company's full suite together under one unified platform in Australia. The launch extends Nexo's Australian presence into a complete digital asset wealth proposition as local crypto ownership matures and demand for personal credit continues to grow.

Regulated access to liquidity without selling digital assets

The Credit Lines let eligible clients access liquidity against their digital assets without selling them, preserving long-term market exposure. In Australia, selling cryptocurrency is generally treated as a disposal for capital gains tax purposes, whereas using it as loan collateral is not in itself a disposal — though a later forced sale of collateral would be. Interest rates range from 0.9% to 21.9% p.a., depending on a client's loyalty tier and Credit Line version. Clients can borrow against a wide range of eligible digital assets, with funds typically available within 24 hours. The Credit Lines carry no fixed term, no origination fees, and flexible repayments.

Nexo is one of the few digital asset credit providers in Australia to offer payouts in either AUD or stablecoins. Australian clients also receive a dedicated AUD account number for deposits, reducing the delays and errors Australians commonly face when transferring funds to crypto platforms.

A feature called Collateral Exchange allows clients to swap between eligible collateral assets without interrupting their Credit Line, making it easier to rebalance a portfolio as market conditions evolve. The Nexo Booster, also part of the newly launched products in Australia, enables clients to magnify their digital assets by up to three times, using the new positions as collateral.

Nexo Growth returns to Australia

Nexo's growth product returns to the market as Nexo Growth, letting clients receive up to 10% p.a. on Supported Assets. Rates vary by asset and term, and returns are not guaranteed. Clients can choose between Flexible Growth, where returns accrue daily and funds can be withdrawn on request, and Fixed-term Growth, which offers a higher return rate over a set period.

One platform for digital wealth

The more clients use the platform, the more they get back. Nexo's Wealth Club rewards higher activity with better Credit Line rates, cashback, and lifestyle perks — from merchandise and event tickets to exclusive hospitality — across four tiers. The programme was named Best Wealth Client Loyalty Programme for Digital CX at The Digital Banker's 2025 Digital CX Awards.

Nexo enters this next phase from a position of strength, as adoption continues and more Australians look for ways to put their digital assets to work through a single platform to borrow, grow, and manage digital wealth.

Nearly one in three Australians now owns cryptocurrency. At the same time, Australia recorded A$9.8 billion in new personal fixed-term loan commitments in the March quarter of 2026, up 14.5 per cent year-on-year. Yet much of the digital asset market remains focused on buying, selling and storing crypto, creating an opportunity for services that help Australians access liquidity, receive returns, and manage their assets as part of a broader wealth strategy.

Regulated crypto lending also re-emerges into a sector still shaped by 2022, when Celsius Network, Voyager Digital and BlockFi — then among the largest crypto lenders globally — collapsed into insolvency proceedings, leaving retail creditors waiting in bankruptcy processes for recoveries.

"The Australian market is ready for a better, more integrated model. We built these products to give Australian clients highly cost-competitive credit and the ability to put their digital assets to work, whilst assessing each product against the applicable Australian framework, and building regulatory requirements and consumer protections into the design from the outset," said Peter Stanhope, General Manager for Australia at Nexo.

The launch builds on Nexo's established local presence, including its role as the first Official Crypto Partner of the Australian Open, and on Nexo Group's position as one of the largest crypto lenders globally, with over US$7 billion in assets under management and clients in more than 200 jurisdictions. It also lands amid Australia's wider regulatory build-out for digital assets, with Treasury having consulted on "token mapping" and developed draft legislation to license digital asset service providers and regulate custody — work that would sit alongside the consumer credit framework now covering Nexo's lending products.

About Nexo

Nexo describes itself as a premier digital assets wealth platform designed to empower clients to grow, manage, and preserve their crypto holdings. The company states that its mission is to lead the next generation of wealth creation by focusing on customer success and delivering tailored solutions that build enduring value, supported by 24/7 client care.

Nexo has operated since 2018 and serves clients in more than 200 jurisdictions. Over US$403 billion has been processed across the group since inception. The all-in-one platform combines advanced technology with a client-first approach, offering Nexo Growth, crypto-backed loans, trading tools, and liquidity solutions, including a crypto-backed card in certain markets.

Official website: nexo.com/au

Contact: Nexo Communications Team — communications@nexo.com

Source: Chainwire