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Crypto Lender Nexo Agrees to Buy Argentina’s Buenbit to Expand Services Across Latin America

Summary by Coin Desk
The deal gives Nexo access to Buenbit's user base and enables it to offer crypto-backed loans, high-yield savings accounts and trading tools.

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BUENOS AIRES--(BUSINESS WIRE)--Dec. 11, 2025-

The Nexo digital asset platform announced the acquisition of the Argentine cryptocurrency exchange startup Buenbit and now aims to expand in Latin America, with Buenos Aires as a regional center for future alliances and investments in Argentina, Peru and Mexico, according to an official communiqué that released the operation.Bloomberg Line communicated with Buenbit founder Federico Ogue, to consult for the amount of the transaction, but the entr…

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Business Wire broke the news in Crystal River, United States on Thursday, December 11, 2025.
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