Services continue to be operational. Nexo maintains its European Economic Area (EEA) business through two MiCA-licensed partners

Odaily Odaily Planet Daily News Crypto lending platform Nexo continues its operations in the European Economic Area (EEA) through two German-licensed partners, Tangany and DLT Finance. Tangany provides digital asset custody services, while DLT Finance offers brokerage and trade execution infrastructure. Both firms hold MiCA and MiFID II authorizations. Nexo stated that its Earn yield products and crypto-backed loans are not within the scope of the partners' licenses and are independent products. Previously, the MiCA transitional period ended on July 1, requiring unauthorized crypto service providers to cease operations or transfer clients. Nexo's partnership model allows its regulated services to continue operating, avoiding a large-scale suspension.