- Nexo launches regulated crypto-backed Credit Lines in Australia, allowing eligible clients to access liquidity without selling their digital assets.
- Nexo’s Credit Lines operate under Australia’s National Consumer Credit Protection Act.
Nexo is expanding its presence in Australia with the launch of new crypto-backed Credit Lines, following its appointment as a Credit Representative under Australia’s consumer credit framework.
The new service allows eligible Australian clients to borrow money using their digital assets as collateral, meaning they can access liquidity without having to sell their crypto holdings. The launch gives Nexo a broader offering in the Australian market, bringing borrowing, asset growth, trading and wealth management services together on one platform.
With this milestone, Nexo becomes one of the only digital asset platforms in Australia that offers a regulated credit backed by cryptocurrencies. Nexo Australia is locally incorporated, registered with AUSTRAC as a Virtual Asset Service Provider and is a member of the Australian Financial Complaints Authority (AFCA).
Borrow Against Crypto Without Selling
Nexo’s Credit Lines are designed for clients who want access to cash while continuing to hold their digital assets.
Eligible users can borrow against a range of supported cryptocurrencies, with funds typically becoming available within 24 hours. The Credit Lines do not have a fixed repayment term and come without origination fees, while clients can make flexible repayments.
Interest rates range from 0.9% to 21.9% per year, depending on the client’s Wealth Club loyalty tier and the version of Credit Line they use.
Borrowers can choose to receive funds in Australian dollars or stablecoins. Nexo is also providing Australian clients with a dedicated AUD account number, which is intended to make local deposits easier and reduce potential delays when moving money between bank accounts and crypto platforms.
Another feature is Collateral Exchange. This allows clients to switch between eligible assets used as collateral without having to close their existing Credit Line. This could be useful for investors who want to adjust their portfolios as market conditions change.
Nexo Adds Booster and Growth Products
The Credit Lines are being introduced alongside other products as Nexo brings its Australian offering under a single platform.
One of the new additions is Nexo Booster, which allows eligible clients to increase their exposure to digital assets by up to three times, with the new positions being used as collateral.
Nexo is also bringing back its Growth product in Australia under the name Nexo Growth.
The product allows clients to earn returns of up to 10% per year on supported assets. Rates depend on the asset and the selected 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 provides a higher return rate for assets committed for a specified period.
Wealth Club Links Rewards to Platform Activity
Nexo’s Wealth Club loyalty programme is also part of the Australian offering. The programme has four tiers, with higher levels of activity providing access to benefits such as lower Credit Line rates, cashback and lifestyle rewards. These can include merchandise, event tickets and hospitality experiences.
Nexo said the programme was recognised as Best Wealth Client Loyalty Programme for Digital CX at The Digital Banker’s 2025 Digital CX Awards. The company is positioning the combination of Credit Lines, Growth, Booster, Exchange and Wealth Club as a broader digital wealth platform rather than simply a place to buy and sell cryptocurrencies.
Crypto Ownership and Credit Demand Create Opportunity
Nexo’s Australian expansion comes as cryptocurrency ownership continues to grow in the country.
According to figures cited by the company, 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 during the March quarter of 2026, representing a 14.5% increase from the same period a year earlier.
Nexo believes the combination of growing crypto ownership and demand for personal credit could create an opportunity for products that allow people to use their digital assets as part of a wider financial 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 company’s latest move builds on its existing presence in the country. Nexo was previously named the first Official Crypto Partner of the Australian Open. Globally, Nexo says it manages more than US$7 billion in assets and serves clients across more than 200 jurisdictions.
With the new Credit Lines and its wider product range, Nexo is now looking to position itself as a single platform for Australian users who want to borrow against, grow and manage their digital assets.
