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Nexo gets appointed as a Credit Representative and launches Credit Lines within Australia’s consumer credit frameworkNexo’s locally structured Credit Lines enable eligible clients to access liquidity without selling their digital assets The launch extends Nexo’s Australian presence to a full digital asset wealth proposition as Australian crypto ownership matures and demand for personal credit continues to growSYDNEY, Australia, August 19, 2026 — Nexo Australia has been appointed as a Credit Representative, launching the company’s pioneering Credit Lines in Australia fully under the National Consumer Credit Protection Act and giving clients the safeguards that only come with borrowing from a regulated lender.
The milestone makes Nexo one of a small number of digital asset platforms offering a 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).
Nexo's Credit Lines — together with the Nexo Booster and Wealth Club loyalty programme — join Nexo's existing Nexo Exchange and the newly rebranded Growth product, bringing Nexo's full suite together under one unified platform in Australia.
Regulated access to liquidity without selling digital assetsThe Credit Lines let eligible clients access liquidity against their digital assets without selling them — preserving long-term market exposure. 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 offer 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 delays and errors Australians commonly face when transferring funds to crypto platforms. The Credit Lines include Collateral Exchange, allowing clients to swap between eligible collateral assets without interrupting their Credit Line, making it easier to rebalance their portfolio as market conditions evolve.
The Nexo Booster, part of the newly launched products in Australia, enables clients to magnify their digital assets by up to three times, using new positions as collateral.
Nexo Growth returns to AustraliaNexo’s growth product returns to Australia 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 Flexible Growth, where Returns accrue daily and funds can be withdrawn on request, or 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 — with a single platform to borrow, grow, and manage digital wealth.
Nearly one in three Australians now owns cryptocurrency1. 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-year2. 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.
"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 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.
1Statista, Share of people who own cryptocurrency in Australia, 2025.
2Australian Bureau of Statistics, Lending Indicators, March Quarter 2026. Personal fixed-term loan commitments exclude refinancing.
About Nexo
Nexo is a premier digital assets wealth platform designed to empower clients to grow, manage, and preserve their crypto holdings. Our 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. Our 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/auMedia contacts
[email protected]
Disclaimer: Any information or advice provided is general only and does not take into account your objectives, financial situation or needs. Consider whether a product is appropriate for you. Borrowing against digital assets involves risk, including margin call and liquidation risk. The price, value and liquidity of digital assets are highly volatile and subject to market risk. You could lose some or all of the value of your digital assets. Before making any decision whether to use a product, you should read the applicable Terms of Service and, where relevant, the PDS, FSG and TMD available on the Nexo Australia website.
Nexo Australia Pty Ltd (ACN 667 513 073) is registered with AUSTRAC as a Virtual Asset Service Provider (Reg. No. DCE100843695-001). AUSTRAC registration is for AML/CTF purposes only and is not an endorsement.
Credit products for natural persons are provided by Nexo Individual Loans Pty Ltd (ACN 695 724 737), serviced by Avgi Pty Ltd (ACN 682 656 202) under Australian Credit Licence 567308 and managed by Nexo Australia Pty Ltd (ACN 667 513 073) under Credit Representative Number 580430. Credit products for corporate clients are provided by Nexo Loans Pty Ltd (ACN 695 724 442) and managed by Nexo Australia Pty Ltd.
Nexo Australia has lodged an AFSL application with ASIC within the period contemplated by ASIC's class no-action position dated 25 June 2026 (ASIC's no-action position) and conducts itself consistently with that position while the application is under consideration.
