Skip to content
Heads up: The CLARITY Act is not law. Statuses are rules-based estimates from public evidence, not legal or financial advice.
← All tokens

Is NEXO a security?

#86 by market cap · Last updated Oct 19, 2026 (evidence re-checked)
$0.8044 ▲ 0.54%Mkt cap $805M

At a glance

Unclear
  • Confidence
  • US exchange accessNot on Coinbase US list
  • Regulator (if enacted)SEC or CFTC (undecided)
  • Evidence5 sources · 3 official

Is NEXO (NEXO) a security?

Unclear. An exchange-issued token with no official US classification found. Its main venue restricts US users.

Share this result Share on X </> Embed badge
What this means for you

There's no official US classification yet, so treatment could go either way. Watch for SEC or CFTC statements and exchange listing changes. Pro alerts flag these for you.

What should I do if my token is "unclear"? →

Enforcement 2Background 1Exchange listing 1Regulator 13 official2 third-party

Why this status

  • R5: an exchange-issued token with no official US classification found. Its main venue restricts US users.
  • A past SEC case was dismissed without a merits ruling on the token.

Decentralisation ("mature blockchain" test): Issued by and closely tied to an exchange (issuer-controlled).

Evidence (5 sources)

3 official
  1. BackgroundThird-partyOct 19, 2026 · CoinGecko

    Project description: What is Nexo? Nexo (https:/nexo.com) is a premier digital assets wealth platform empowering clients to grow, manage, and preserve their crypto holdings.

    CoinGecko: NEXO ↗
  2. Exchange listingThird-partyAbsent / not foundOct 19, 2026 · Coinbase

    NEXO does not appear on Coinbase's 'US (incl. NY) Trading Assets' list (other US platforms not checked).

    Coinbase Digital Asset Disclosures: 'US (incl. NY) Trading Assets' list ↗
  3. RegulatorOfficial sourceAbsent / not foundMar 23, 2026 · Federal Register (SEC & CFTC)

    NEXO is not among the SEC's named examples of digital commodities in the March 2026 interpretation.

    SEC interpretation (with CFTC guidance): Application of the Federal Securities Laws to Certain Types of Crypto Assets, Release 33-11412 ↗
  4. EnforcementOfficial sourceFeb 27, 2025 · SEC

    The SEC dismissed the Coinbase case in Feb 2025, explicitly not based on any assessment of the merits.

    SEC announces dismissal of civil enforcement action against Coinbase (with prejudice; not a merits assessment) ↗
  5. EnforcementOfficial sourceJun 6, 2023 · SEC

    In 2023 the SEC's Coinbase complaint alleged NEXO was a crypto asset security.

    SEC press release 2023-102: SEC charges Coinbase (complaint identified 13 tokens, incl. SOL, ADA and NEAR, as alleged crypto asset securities) ↗

Rules by country

🇺🇸United States
Unclear

Unclear (ClarityCheck estimate, low confidence). The CLARITY Act is not law, so today the SEC's and CFTC's existing frameworks apply.

🇪🇺European Union (MiCA)
Token filing not checked

Under MiCA, trading in the EU runs through authorised crypto-asset service providers (CASPs). We haven't yet checked token-specific MiCA white paper filings for NEXO. ESMA register ↗

🇬🇧United Kingdom (FCA)
Firm rules from Oct 25, 2027

The UK's new FCA cryptoasset regime starts on Oct 25, 2027. Firms can apply from Sept 30, 2026 until Feb 28, 2027. There's no token-by-token classification list; the rules apply to the firms that offer the token. FCA ↗

NEXO questions

Is NEXO (NEXO) a security?

Unclear. An exchange-issued token with no official US classification found. Its main venue restricts US users. No court or regulator has classified it, so we don't guess. Not legal advice.

Can I buy NEXO on US exchanges?

US access: Not on Coinbase US list. Availability can differ by state and by exchange. See our exchange safety checker.

What would the CLARITY Act change for NEXO?

There's no official US classification yet, so treatment could go either way. Watch for SEC or CFTC statements and exchange listing changes. Pro alerts flag these for you.

How reliable is this NEXO status?

Confidence is Low. It comes from fixed rules applied to 5 cited sources (checked Oct 19, 2026), not from opinion. Statuses can change as courts, regulators and Congress act.

Change log

4 entries
  1. Status review
    Evidence-based review: status set to 'Unclear' (Low confidence) using ClarityCheck rules. Replaces earlier illustrative demo data.
  2. NEXO is not among the SEC's named examples of digital commodities in the March 2026 interpretation. Source ↗
  3. The SEC dismissed the Coinbase case in Feb 2025, explicitly not based on any assessment of the merits. Source ↗
  4. In 2023 the SEC's Coinbase complaint alleged NEXO was a crypto asset security. Source ↗

Snapshot Oct 19, 2026 · Prices by CoinGecko