PANews|Dec 11, 2025 14:39
[Nexo Acquires Argentine Exchange Platform Buenbit, Expands into Latin American Crypto Lending and Savings Market]
According to CoinDesk, Swiss crypto financial platform Nexo has announced the acquisition of Argentine local exchange platform Buenbit to expand its service scope in Latin America. This acquisition will grant Nexo regulatory licensing status in Argentina and provide access to Buenbit's user base in Argentina and Peru.
The merger will enable Buenbit users to access Nexo's crypto-backed loans, high-yield savings accounts, and trading tools. Nexo also plans to establish Buenos Aires as its Latin American headquarters and further expand into Mexico and Peru.
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