Nexo Launches Regulated Crypto-Backed Credit Lines in Australia

Key Takeaways

• Nexo Australia has launched regulated crypto-backed credit lines under the country’s National Consumer Credit Protection Act 2009.
• The service allows eligible users to borrow Australian dollars (AUD) or stablecoins against crypto without selling their digital assets.
• Interest rates range from 0.9% to 21.9%, while borrowers face margin calls and liquidation risks.

Nexo, a digital-asset wealth platform, said it has launched regulated crypto-backed credit lines in Australia. This allows eligible customers to borrow Australian dollars (AUD) or stablecoins against their digital assets without selling them.

The launch follows Nexo Australia’s appointment as a Credit Representative under Australia’s National Consumer Credit Protection Act 2009. Nexo said that the move brings its crypto-backed lending service into the country’s consumer credit framework.

Peter Stanhope, General Manager for Australia at Nexo, said, “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.”

Nexo Brings Crypto-Backed Loans to Australia

Nexo’s new regulated crypto-backed credit lines will allow eligible customers to use supported digital assets as collateral while keeping exposure to those assets. This means borrowers can access liquidity without immediately selling digital assets such as Bitcoin or Ethereum.

However, crypto-backed borrowing carries additional risks because collateral value can change quickly.

Nexo also warns borrowers about borrowing against digital assets. These assets can trigger margin calls or liquidation, meaning borrowers can lose some or all of their collateral if their value falls.  

How Nexo’s Crypto-Backed Credit Lines Work

Nexo is among the few digital asset credit providers in the country, offering payouts in either AUD or stablecoins.

Nexo says the credit lines offer flexible repayment options, with no fixed loan term or origination fee. Interest rates range from 0.9% to 21.9% annually, depending on the credit line type and the customer’s loyalty tier.

Clients in Australia also receive a dedicated AUD account number for deposits, which reduces delays and errors they commonly face when transferring funds to crypto platforms.

The credit lines include Collateral Exchange, allowing clients to swap between eligible collateral assets without interrupting their Credit Line. This makes it easier for clients to rebalance their portfolio as market conditions evolve.

The Nexo Booster, part of Australia's newly launched products, lets clients increase their exposure to digital assets by up to three times using new positions as collateral.

Nexo Expands Its Regulated Presence in Australia

Nexo said its Australian entity is registered with AUSTRAC as a virtual asset service provider and is a member of the Australian Financial Complaints Authority (AFCA).

The launch adds another regulated crypto-backed borrowing option to Australia’s digital-asset market. In May 2026, Block Earner obtained an Australian Credit License from ASIC.

For crypto users in Australia, Nexo’s launch offers another way to access liquidity without selling digital assets upfront. At the same time, using volatile crypto as collateral means borrowers should manage price and liquidation risks carefully.

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