Nexo secures EU compliance via German MiCAR partners
The digital asset platform Nexo has reaffirmed its compliance with the European Union's new Markets in Crypto-Assets Regulation (MiCAR) through a partnership model with two licensed German firms, ensuring its services remain available across the European Economic Area (EEA). The company announced the operational structure on July 28, 2026, following the conclusion of a transitional period that required covered crypto services to use authorized providers.
Under the arrangement, custody services for EEA clients are provided by Tangany, a Munich-based firm that received its MiCAR license in September 2025. Brokerage and execution infrastructure are handled by DLT Finance, a provider authorized under both MiCAR and the financial markets directive MiFID II. This setup allows Nexo to continue operating its global wealth platform and user interface while relying on its partners for the regulated functions now mandated by EU law.
Nexo Chief Product Officer Yasen Yankov stated that the company had spent years preparing for the MiCAR framework, which he described as the most consequential regulatory development for digital assets in Europe. He said the selection of Tangany and DLT Finance...