Nexo launches regulated crypto lending service in Australia

Core Points

Cryptocurrency mortgages are now available in Australia

Subject to the national regulatory framework, Nexo has launched compliant cryptocurrency mortgage services for eligible Australia users. Users can obtain Australian dollar or stablecoin loans without selling digital assets. Depending on product selection and customer level, annual interest rates range from 0.9% to 21.9%. When the market falls sharply, pledged digital assets may face liquidation risks. The platform conducts business in Australia under national consumer credit laws.

Digital asset platform Nexo has launched compliant cryptocurrency mortgage services for eligible Australia users after obtaining authorization from credit representatives. Users can obtain Australian dollar financing or stablecoins while retaining ownership of digital assets. This move expands the accessibility of regulated cryptocurrency loans under Australia's existing consumer credit regulatory framework.

Australia now offers cryptocurrency mortgages

Eligible Australia users can deposit approved digital currency as collateral without having to sell assets for liquidity. The platform usually issues loans within one working day after the verification process is completed. Borrowers enjoy flexible repayment structures because such loans have no mandatory repayment terms.

Two different loan products-the smart version and the standard version-have different interest rate structures, eligible collateral options, and security management protocols. Depending on product selection and loyalty level, annual interest rates range from 0.9% to 21.9%. The platform waives establishment fees for qualified loan accounts opened through its Australia operations.

The collateral exchange feature allows users to replace eligible pledged assets without terminating existing loan agreements. This feature provides borrowers with greater flexibility to adjust collateral positions based on digital asset market dynamics. Australia account holders will receive designated Australian dollar bank account information, streamlining the deposit process and reducing transaction complexity.

National Compliance Framework Supports Service Launch

Nexo Australia operates as an Authorized Credit Representative under the National Consumer Credit Protection Act, which governs Australia's financial services sector. This legislative framework creates obligations for entities that provide consumer credit products and related financial products nationwide. As a result, these loan services operate under regulations that address information disclosure requirements, consumer protection, and responsible lending practices.

This Australia entity is registered as a digital currency exchange provider and holds membership in the Australia Financial Complaints Authority to provide external dispute resolution mechanisms. These arrangements subject Nexo to multiple regulatory obligations, covering credit operations, complaint handling and anti-money laundering compliance.

Recently, Australia has seen more regulatory progress on cryptocurrency mortgage providers and digital asset companies. In May 2026, Block Earner obtained an Australia credit license from ASIC for its cryptocurrency lending business. Unlike Block Earner's approach, Nexo provides its loan services through authorized by a designated representative rather than direct licensing.

Digital asset collateral poses market risk

Cryptocurrency mortgage loans provide liquidity to borrowers without having to sell the assets they wish to retain. However, customers still face the risk of fluctuations in digital asset prices while holding collateral debt. As a result, falling asset values increase the loan-to-value ratio of outstanding loan positions.

When the pledged assets are insufficient to cover the outstanding balance, a significant market correction may trigger margin calls or mandatory liquidation. The platform warned that in the event of extreme price drops, users may face losses from partially or entirely pledging cryptocurrency. Therefore, given that the value of digital assets can fluctuate significantly in a short period of time, collateral management is crucial.

The launch of this Australia service is part of Nexo's expansion of digital asset products for regional customers. Its ecosystem includes services for qualified participants such as Nexo Growth, Booster, Exchange and Wealth Club. As Australia's digital asset sector continues to mature, the launch of this loan service incorporates regulated lending functions.