Nexo Sustains EEA Operations via Two MiCA-Licensed German Partners

Nexo maintains European Economic Area presence through Tangany and DLT Finance, both holding MiCA and MiFID II authorizations, ensuring regulatory compliance post-July 1 deadline.

Woofun AI reports that crypto lending platform Nexo continues its operations within the European Economic Area by leveraging two German-licensed partners, Tangany and DLT Finance. Tangany delivers digital asset custody services, whereas DLT Finance provides brokerage and trade execution infrastructure, with both entities holding valid MiCA and MiFID II authorizations.

Nexo clarified that its Earn yield products and crypto-backed loans fall outside the scope of these partners' licenses and operate as independent offerings. This partnership structure enables Nexo to maintain regulated services following the July 1 end of the MiCA transitional period, thereby avoiding a large-scale suspension of operations for unauthorized providers.