americalatina

Nexo acquires Buenbit and accelerates its expansion in Latin America 🚀
$NEXO

Nexo, one of the leading digital asset platforms in the world, announced the acquisition of Buenbit, a provider of virtual asset services registered with the CNV (National Securities Commission of Chile) 💸. The transaction aims to consolidate Nexo's presence in the region, integrating liquidity infrastructure, advanced products, and regulated operations in two key markets: Argentina and Peru.

- *Service expansion*: Buenbit customers will have access to Nexo's ecosystem, including institutional-grade security, competitive performance opportunities, and cryptocurrency-backed credit solutions 📈.
- *Regional presence*: Argentina is a strategic market for Nexo, with a history of fintech innovation and high demand for value preservation services 💡.
- *Integration*: The acquisition combines Buenbit's local knowledge with Nexo's global scale and product offering 🌐.

🔥 Nexo acquires Buenbit and expands its presence in the region
💡 The acquisition aims to consolidate Nexo's position as a leader in digital assets
👥 The integration offers more products and services to Buenbit's customers
📈 Nexo plans to expand its presence in other Latin American markets.

#Nexo
#Buenbit
#Criptomoedas
#AmericaLatina

#Americalatina The Crypto Panorama report in Latin America, in its third edition, prepared by Bitso, revealed that 39% of users in the region opted for stablecoins as a store of value in a context of inflation and currency devaluation. The publication also presented details on the growth of altcoins, memecoins, and advanced trading tools.The rise of advanced trading in Latin America
The Bitso report also noted an increase in interest in sophisticated trading tools.

Bitso Alpha, the platform for advanced traders, has recorded an increase in trading volume, matching that of Bitso Classic, the app aimed at new users.
Customers of Bitso Alpha executed an average of 32 trades in December 2024, reflecting greater sophistication in managing digital assets.
Trends by country: Argentina, Brazil, Colombia, and Mexico
The report also highlighted trends by country:

Argentina: Inflation above 100% and capital controls drove the use of stablecoins as an alternative to the peso. However, there was also an increase in carry trade, with users buying Argentine pesos to take advantage of favorable interest rates. The customer base grew by 11%, reaching 1.6 million.

Brazil: Crypto regulation and the evolution of the technology ecosystem have increased investor interest in stablecoins, which represented 26% of purchases in 2024. The depreciation of the real and the rise of DeFi were key factors. The customer base reached 1.9 million, 6% more than the previous year.

Colombia: Stablecoins have consolidated as the most chosen option, driven by the devaluation of the Colombian peso and restrictions on opening accounts in dollars. Crypto adoption is growing especially among young people, and the number of customers increased by 6%, reaching 500,000 users.

Mexico: Cross-border payments remain the main driver of crypto adoption, with Bitcoin and USDT as the most used assets.