Nexo has signed a multi-year sponsorship agreement with the Australian Open as cryptocurrency brands re-emerge in global sports. The move boosts Nexo's mainstream visibility amid a wider return of crypto sponsorships to major events.
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.