Asset management platform Nexo agrees to acquire Argentine crypto platform Buenbit to expand its business in Latin America. This acquisition will enable Nexo to obtain regulatory approval in Argentina, further deepen its market presence in the country and Peru. After the transaction, Nexo will be able to offer services such as crypto loans, yield savings accounts, and trading tools to Buenbit users. Nexo plans to establish Buenos Aires as its Latin American headquarters and expand into Mexico and Peru.(CoinDesk)
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Asset management platform Nexo agrees to acquire Argentine crypto platform Buenbit to expand its business in Latin America. This acquisition will enable Nexo to obtain regulatory approval in Argentina, further deepen its market presence in the country and Peru. After the transaction, Nexo will be able to offer services such as crypto loans, yield savings accounts, and trading tools to Buenbit users. Nexo plans to establish Buenos Aires as its Latin American headquarters and expand into Mexico and Peru.(CoinDesk)