Nexo has launched regulated crypto-backed Credit Lines for eligible Australians after securing lending authorization in the country. The move allows qualified users to borrow against digital assets without selling their holdings, while keeping exposure to the underlying collateral. It also broadens Nexo’s local product suite as demand grows for regulated financial services tied to digital assets.

Nexo Launches Regulated Crypto Credit Lines

Nexo Australia has introduced its Credit Lines after becoming an authorized Credit Representative under Australia’s consumer credit framework. The approval makes Nexo one of a limited number of digital asset platforms offering regulated crypto-backed lending services in the local market, a category that has drawn closer oversight as regulators and firms define how crypto products fit within existing lending rules.

Eligible customers can pledge supported digital assets as collateral and receive funds in Australian dollars or stablecoins. According to Nexo, borrowers can generally access funds within 24 hours after completing the required assessment process.

Interest rates range from 0.9% to 21.9% annually, depending on the selected Credit Line and the customer’s Wealth Club loyalty tier. The products do not have fixed repayment periods or origination fees, and customers can make flexible repayments.

Nexo offers two Credit Line versions, with differences in rates, supported assets, and collateral management requirements. Its Collateral Exchange feature also allows eligible borrowers to switch between supported collateral assets without closing an existing Credit Line.

Borrowing against volatile digital assets carries substantial risks. If collateral values decline, loan-to-value ratios can rise, potentially triggering margin requirements or liquidation. In severe market downturns, customers could lose some or all of their pledged assets.

Nexo said: “Nexo secures a lending authorisation in Australia, one of very few digital asset platforms to do so. Introducing our pioneering Credit Lines: borrow against your crypto without selling it, with payouts in AUD or stablecoins, fast assessment process, and no fixed term.” The company posted the statement on X on August 19, 2026.

Nexo Australia operates under Credit Representative number 580430, while Avgi Pty Ltd services the regulated credit products under Australian Credit Licence 567308. The company is also registered with AUSTRAC as a digital currency exchange provider and is a member of the Australian Financial Complaints Authority (AFCA).

Nexo Expands Its Australian Digital Asset Platform

Alongside Credit Lines, Nexo has introduced Booster, which allows eligible customers to increase their digital asset exposure by up to three times. Because the additional positions become collateral, the product can amplify both potential gains and losses.

Nexo has also relaunched its yield product as Nexo Growth, advertising returns of up to 10% annually on supported assets. Rates vary depending on the asset and the selected arrangement, and returns are subject to applicable terms and are not guaranteed.

Flexible Growth allows returns to accrue daily and permits withdrawals on request. Fixed-term Growth, by contrast, requires customers to commit assets for a predetermined period in exchange for potentially higher returns.

Nexo said its broader Australian platform now combines Credit Lines, exchange services, Growth, Booster, and Wealth Club benefits. The company said the expanded offering is designed to give Australians more ways to borrow, manage, and potentially generate returns from digital assets, while also requiring users to weigh product features against the risks that remain tied to the underlying market and collateral.

Nexo did not disclose projected Australian lending volumes or customer numbers following the launch. Access remains subject to eligibility checks, credit assessments, supported collateral, and individual product conditions.

The expansion comes as regulated crypto lending gains momentum in Australia. It follows Block Earner’s May 2026 milestone as the first crypto firm to secure an Australian Credit Licence from ASIC, reflecting tighter oversight of digital asset lending and a more defined compliance path for firms seeking to offer credit products tied to crypto holdings.

The development also comes amid growing Australian consumer participation in digital assets and alternative financial products. However, the regulatory status of a lending platform does not remove the market or collateral risks associated with cryptocurrency borrowing.