Sydney - Nexo Australia has moved to formalise a full-service digital-asset wealth proposition in Australia by being appointed as a Credit Representative and launching regulated Credit Lines under the National Consumer Credit Protection Act. The locally structured product is designed to let eligible customers access liquidity while retaining exposure to their crypto holdings.
The company says the step places the firm among a small cohort of digital-asset platforms that offer regulated, crypto-backed credit in Australia. Nexo Australia is locally incorporated, registered with AUSTRAC as a Virtual Asset Service Provider (Reg. No. DCE100843695-001), and is a member of the Australian Financial Complaints Authority. The business is also progressing its regulatory pathway with an AFSL application lodged within the period contemplated by ASIC's class no-action position dated 25 June 2026, and states it is acting consistently with that position while the application is being considered.
What the Credit Lines deliver
Nexo's Credit Lines permit eligible clients to borrow against a range of eligible digital assets rather than selling them, preserving long-term market exposure, according to the company. Interest rates are tiered by loyalty level and by the Credit Line version, with the published range spanning from 0.9% to 21.9% per annum. Funds are typically made available within 24 hours, with no fixed term, no origination fees, and flexible repayment terms.
Distinctive product features include the option for payouts in either Australian dollars or stablecoins, and provision of a dedicated AUD account number for Australian clients to use for deposits, a measure intended to reduce transfer delays and errors. The Credit Lines incorporate a Collateral Exchange function enabling clients to swap eligible collateral assets without interrupting the Credit Line, simplifying portfolio rebalancing as market conditions change.
The product suite also includes the Nexo Booster, which the company describes as a facility that allows clients to magnify their digital assets by up to three times, with the new positions used as collateral. Nexo Growth has been reintroduced to Australia as Nexo Growth, offering up to 10% per annum on Supported Assets. Nexo notes that rates vary by asset and term and that returns are not guaranteed. Growth product customers can select Flexible Growth, where returns accrue daily and funds are withdrawable on request, or Fixed-term Growth, which targets higher returns across a defined period.
Platform integration and rewards
The newly launched Credit Lines join Nexo's existing Nexo Exchange and the rebranded Growth product to create a unified platform for borrowing, earning and managing digital wealth in Australia. The company highlights its Wealth Club loyalty programme as a mechanism to reward greater engagement on the platform. Wealth Club operates across four tiers and links higher activity to benefits such as better Credit Line rates, cashback and lifestyle perks including merchandise, event tickets and exclusive hospitality. The programme was recognised as Best Wealth Client Loyalty Programme for Digital CX at The Digital Banker's 2025 Digital CX Awards.
Market context cited by Nexo
Nexo frames the launch against two trends it highlights in the Australian market: growing crypto ownership and rising consumer credit commitments. The company states that nearly one in three Australians now owns cryptocurrency and reports that Australia recorded A$9.8 billion in new personal fixed-term loan commitments in the March quarter of 2026, up 14.5% year-on-year. Nexo characterises much of the local digital-asset market as still focused on buying, selling and custody, and positions its product set as catering to demand for liquidity access, yield opportunities and integrated asset management.
"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.
Operational and corporate details
Nexo Group is described as one of the larger crypto lenders globally, with over US$7 billion in assets under management and clients in more than 200 jurisdictions. The company also reports that more than US$403 billion has been processed across the group since inception. Locally, Nexo points to commercial ties such as being the first Official Crypto Partner of the Australian Open as part of its established presence in Australia.
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 Pty Ltd is registered with AUSTRAC as a Virtual Asset Service Provider and is identified as ACN 667 513 073.
How Nexo positions the offering
From a product-first perspective, the launch stitches together borrowing, earning and portfolio management tools within a locally regulated envelope. The Credit Lines are positioned to meet a user need: access to liquidity without crystallising taxable events or foregoing future upside in digital assets. Combined with flexible repayment terms, AUD and stablecoin payout options, and the ability to swap collateral mid-line, the features target customers who want to keep market exposure while meeting cash needs.
The company emphasises consumer protections as part of product design and regulatory compliance. Nexo also notes its adherence to ASIC's no-action position while its AFSL application is under consideration, suggesting the business is engaging the local regulatory framework as it scales the new services.
Contact and additional notes
For media or other enquiries, Nexo lists its communications contact at [email protected].
This article presents the new locally licensed credit offering and related product details as provided by Nexo Australia. It reflects the company statements and the operational and regulatory information they supplied.