Nexo is offering this because they offer loans to their customers, there are threads here that talk about Nexo's interest from these 2 threads below, and most of the responses don't agree to put your assets in a centralized exchange because you no longer have full control of your assets.
- https://bitcointalk.org/index.php?topic=5380007.0
- https://bitcointalk.org/index.php?topic=5160150.0
That's a pretty bad idea than holding them to non-custodial wallets unless you are willing to lose your investment. Remember high returns is always risky it would be best if you hold BTC in your wallet that you fully control and let the value makes you profit.