Finance Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Nexo Agrees to Buy Argentina’s Buenbit to Ex Finance Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Nexo Agrees to Buy Argentina’s Buenbit to Ex

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

2025/12/11 22:00
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

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

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.

By Francisco Rodrigues, AI Boost|Edited by Sheldon Reback
Updated Dec 11, 2025, 2:29 p.m. Published Dec 11, 2025, 2:00 p.m.
(Angelica Reyes/Unsplash/Modified by CoinDesk)

What to know:

  • Nexo agreed to buy Argentina-based Buenbit, expanding the Swiss company's presence in Latin America and gaining regulatory approval to operate in the country.
  • 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.
  • Buenos Aires will be Nexo's Latin American headquarters, with plans to grow into Mexico and Peru.

Crypto lender Nexo said it agreed to acquire Argentina-based crypto investment platform Buenbit for an undisclosed amount as it deepens its presence across Latin America.

The deal will allow Nexo to operate under Argentina’s regulatory framework and tap into Buenbit’s user base in that country and in Peru, the Zug, Switzerland-based lender said in a statement shared with CoinDesk.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

Buenbit, registered with Argentina’s Comisión Nacional de Valores (CNV), has become a key player in the region’s crypto adoption, offering fiat-to-crypto services in markets where inflation and currency controls are routine. The Nexo deal folds that local experience into its larger infrastructure that spans more than 150 jurisdictions and manages $11 billion in assets.

For Buenbit customers, the shift means access to a broader range of services. These include crypto-backed loans that serve as an alternative to limited traditional credit in places like Argentina, high-yield savings accounts and trading tools.

Buenos Aires will serve as Nexo’s Latin American headquarters, anchoring its planned growth into Mexico and Peru. The firm said the deal is part of a multiyear strategy to develop long-term investments and partnerships across the region.

The move comes as Argentina’s central bank drafts new rules to allow banks to offer customers cryptocurrency-related services in the first half of next year. Regulatory approval is still pending.

ArgentinaNexoBuenbit
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Klarna Partners With Privy to Explore Crypto Wallet Use Within its Ecosystem

The project aims to make crypto more accessible to everyday users, building on Klarna's recent launch of KlarnaUSD, a dollar-backed stablecoin.

What to know:

  • Klarna is partnering with Privy to develop crypto wallet features that will allow users to store, use and send digital assets directly within Klarna's financial products.
  • The project aims to make crypto more accessible to everyday users, building on Klarna's recent launch of KlarnaUSD, a dollar-backed stablecoin.
  • The partnership signals Klarna's deeper move into crypto, with plans to integrate digital currencies and wallets into its ecosystem, potentially allowing users to hold stablecoins, send money and invest or transact globally.
Read full story
Latest Crypto News

Crypto Trading Volumes Deteriorated Across Board Last Month as Market Slumped: JPMorgan

CoinDesk 20 Performance Update: Bitcoin (BTC) Drops 3.6% as Index Trades Lower

Klarna Partners With Privy to Explore Crypto Wallet Use Within its Ecosystem

Filecoin Declines 7%, Breaking Below $1.43 Support

Cardano Ecosystem Gets a Privacy Boost as Midnight’s NIGHT Goes Live

Mexico’s Central Bank Keeps a ‘Healthy Distance’ From Crypto

Top Stories

$500M Flows MIA for Month: Crypto Daybook Americas

BTC, Nasdaq Futures Drop as Oracle Earnings Revive AI Bubble Fears

U.S. Senate's Crypto Market Structure Bill Gets Messy as Calendar Weighs Down

Gemini Approved by CFTC to Offer U.S. Prediction Markets, Stock Surges Nearly 14%

Revolut and Trust Wallet Launch Instant Crypto Buys in EU With Self-Custody Focus

Bitcoin Swings Wildly as Fed's Powell Straddles Labor Market and Inflation Issues

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

South Korea Blockchain Industry: Eric Trump’s Amazing Vision for Asia’s Digital Future

South Korea Blockchain Industry: Eric Trump’s Amazing Vision for Asia’s Digital Future

BitcoinWorld South Korea Blockchain Industry: Eric Trump’s Amazing Vision for Asia’s Digital Future Eric Trump, co-founder of World Liberty Financial (WLFI) and the second son of President Donald Trump, recently made a compelling statement that has resonated throughout the global digital asset community. Speaking via video message to the prestigious Korea Blockchain Week 2025 conference in Seoul, he highlighted the undeniable potential of the South Korea blockchain industry. Trump expressed profound admiration for the nation’s remarkable passion and dynamic energy for blockchain technology, declaring it uniquely positioned to lead Asia’s digital future. What Fuels South Korea’s Blockchain Passion? During his recent travels, which included visits to bustling Hong Kong and technologically advanced Japan, Trump observed a distinct difference. He noted that few countries rival South Korea’s fervent enthusiasm and exceptional proficiency in virtual assets. This isn’t just a casual interest; it’s a deep-seated commitment that permeates various levels of society and business. The nation’s rapid adoption rates, innovative startup ecosystem, and a tech-savvy population create fertile ground for blockchain advancements. This collective drive ensures that the South Korea blockchain industry remains at the forefront of innovation, consistently pushing boundaries and exploring new applications for distributed ledger technology. How is South Korea Building a Robust Blockchain Framework? A critical factor underpinning South Korea’s rise is its proactive approach to regulation and institutional support. Trump specifically emphasized that the country’s rapidly developing institutional and legal framework is unrivaled across Asia. This robust foundation provides much-needed clarity and security for both developers and investors. Key aspects of this evolving framework include: Clearer Regulatory Guidelines: Efforts to establish comprehensive rules for virtual assets, fostering a more stable environment. Government Support: Initiatives and funding programs aimed at boosting blockchain research and development. Industry Collaboration: Strong partnerships between government bodies, academic institutions, and private enterprises to drive innovation. This strategic development is a clear indicator that the South Korea blockchain industry is not only embracing the future but actively shaping it with foresight and meticulous planning. Korea Blockchain Week: A Global Stage for the South Korea Blockchain Industry The Korea Blockchain Week (KBW) conference itself serves as a testament to the nation’s leadership. Trump lauded the event for its consistent success in bringing together diverse blockchain communities for years, evolving into a truly global festival for blockchain and Web3. KBW acts as a vital nexus, facilitating: Knowledge Exchange: Experts share insights on the latest trends and technological breakthroughs. Networking Opportunities: Connecting innovators, investors, and policymakers from around the world. Showcasing Innovation: Providing a platform for emerging projects and established players within the South Korea blockchain industry to demonstrate their advancements. Such high-profile events solidify South Korea’s reputation as a pivotal hub for digital innovation, drawing international attention and investment. What Does South Korea’s Blockchain Leadership Mean for Asia and Beyond? Eric Trump’s confident assertion that South Korea is set to establish itself as a leader in the blockchain industry carries significant weight. This leadership isn’t just about domestic success; it has profound implications for the broader Asian market and the global blockchain landscape. South Korea’s advancements can serve as a blueprint for other nations seeking to harness the power of blockchain. Its regulatory successes, technological innovations, and vibrant community can inspire and guide regional development. The nation’s commitment to fostering a dynamic environment ensures that the South Korea blockchain industry will continue to attract talent and capital, driving forward the evolution of Web3 technologies. Challenges remain, of course, including global regulatory harmonization and scaling solutions. However, South Korea’s proven dedication positions it exceptionally well to navigate these complexities and emerge as a dominant force. In conclusion, Eric Trump’s observations at Korea Blockchain Week 2025 underscore a powerful truth: South Korea is not merely participating in the blockchain revolution; it is actively leading it. With unparalleled passion, a robust legal and institutional framework, and a commitment to fostering global collaboration, the South Korea blockchain industry is undeniably poised for extraordinary growth. Its journey promises to shape the future of digital assets and Web3, not just in Asia, but across the entire world. Frequently Asked Questions (FAQs) Q1: Why is Eric Trump commenting on the South Korea blockchain industry? Eric Trump, as co-founder of World Liberty Financial (WLFI), is involved in the financial sector and has a keen interest in emerging technologies like blockchain. His comments highlight the global recognition of South Korea’s significant advancements in this field. Q2: What makes South Korea’s blockchain framework “unrivaled in Asia”? South Korea has been proactive in developing comprehensive institutional and legal frameworks for virtual assets. This includes clearer regulatory guidelines, government support for R&D, and strong industry collaboration, providing a stable and secure environment for blockchain innovation. Q3: What is Korea Blockchain Week (KBW)? Korea Blockchain Week (KBW) is a major annual conference in Seoul that brings together diverse blockchain communities. It serves as a global festival for blockchain and Web3, facilitating knowledge exchange, networking, and showcasing innovations from the global and local industry. Q4: What does South Korea’s leadership mean for the future of Web3? South Korea’s leadership in the blockchain industry means it can serve as a blueprint for other nations. Its innovations, regulatory successes, and vibrant community will likely inspire and guide regional and global development, driving the evolution and adoption of Web3 technologies worldwide. Q5: Are there any challenges for the South Korea blockchain industry? While poised for leadership, the South Korea blockchain industry still faces challenges such as navigating global regulatory harmonization, ensuring scalability of solutions, and addressing ongoing security concerns common to the broader crypto space. However, its robust framework positions it well to tackle these. If you found this insight into the dynamic South Korea blockchain industry valuable, please consider sharing it with your network! Spread the word about Asia’s potential leader in digital innovation. To learn more about the latest crypto market trends, explore our article on key developments shaping the blockchain industry’s institutional adoption. This post South Korea Blockchain Industry: Eric Trump’s Amazing Vision for Asia’s Digital Future first appeared on BitcoinWorld.
Paylaş
Coinstats2025/09/23 11:05