Nexo Acquires Argentina's Buenbit in Major Latin American Crypto Expansion

In a strategic move to solidify its presence in Latin America, the leading crypto lender Nexo has finalized an agreement to acquire the Argentine digital asset platform Buenbit. This acquisition marks a significant step in Nexo's plan to broaden its suite of cryptocurrency services across the region. The deal will enable Nexo to leverage Buenbit's established infrastructure and local market expertise to offer enhanced crypto lending, trading, and earning products to a rapidly growing user base. This expansion underscores the increasing institutional interest and adoption of digital assets in emerging economies, positioning Nexo as a key player in Latin America's financial technology landscape.