Nexo has acquired Argentine crypto platform Buenbit and will integrate its full product suite for Buenbit users while preserving the Buenbit brand. The move is intended to establish Buenos Aires as Nexo’s regional hub for broader Latin American expansion.
Nexo has agreed to acquire Argentina-based Buenbit, gaining access to its user base and local on-ramps. The deal enables Nexo to offer crypto-backed loans, high-yield savings and trading tools to Buenbit customers.