The news that Nexo has acquired Buenbit marks one of the most relevant movements in the Latin American crypto ecosystem in December 2025. The European platform acquired the Argentine fintech and solidified its formal arrival in one of the most active markets in Latin America, with plans for expansion into Peru and Mexico under a strategic regulatory framework.
This operation, still subject to CNV approval, represents a profound change in infrastructure, services, and regional projection. Below, we analyze the impact, motivations, and what it may mean for users and the Latin American crypto market.
Nexo purchases Buenbit: a strategic acquisition to strengthen its expansion in Latin America.
The acquisition allows for the integration of Buenbit, registered with the CNV under the PSAV scheme, which provides Nexo with a regulated entry into one of the most dynamic digital asset markets in the world.
This move turns Buenos Aires into the company's new Latin American hub, a point from which it plans to coordinate product development, compliance, and operations.
The agreement comes in a context where local crypto activity continues to grow and regulation begins to consolidate formal frameworks. According to Nexo, accessing Buenbit's registry gives them 'total exposure' to the Argentine ecosystem.
Additionally, sources from the company noted that the regional headquarters will promote initiatives that require proximity to users and regulatory entities, a key advantage for operating in emerging markets like those of Argentina, Peru, and Mexico.
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Antoni Trenchev, co-founder of Nexo, stated that Buenbit combines regulatory compliance, local experience, and a solid base of informed users. With over 1 million clients and an operational history under regulation, the Argentine fintech becomes a natural partner to scale Nexo's regional strategy.
"Argentina has historically been a fertile ground for fintech innovation. […] With Nexo's scale and Buenbit's relationships and experience, our innovative solutions have the potential to grow exponentially in the next 12 months," Trenchev highlighted in the official statement.
This vision reinforces the logic of an operation designed not only to acquire presence but to build a robust platform in the long term.
What does the purchase of Buenbit imply for users and for the regional market?
Nexo's acquisition of Buenbit brings direct implications for current users of the Argentine platform.
Its CEO, Federico Ogue, confirmed that accounts, balances, and transactions will continue to function in the same way. The idea is to maintain the experience while integrating additional capabilities thanks to Nexo's scale and resources.
"Now, with the trust of our community and Nexo's global scale, we are ready to expand that impact across the region, allowing more people to save, invest, and generate wealth in a stable, transparent, and regulated environment," detailed the CEO of Buenbit.
The immediate benefit is operational stability. In the medium term, users will be able to access higher-yield products, cryptocurrency-backed loans, an expanded list of assets, advanced trading tools, structured products, futures, and loyalty programs. All of this will be communicated gradually and transparently, as the company has indicated.
For the regional crypto market, the purchase means something bigger: the arrival of a global player with consolidated infrastructure and a long-term vision.
In a region where the need for alternative financial instruments is growing, the operation introduces competition, more options for users, and a potential boost to the formalization of the sector. Buenos Aires, in particular, is positioned as a strategic center in the region, reinforcing its emerging role within the crypto industry.
In summary
The announcement that Nexo has acquired Buenbit marks a new phase for the Latin American crypto sector. The operation not only guarantees stability for current users but also opens the door to more sophisticated products that were previously unavailable in the region.
This acquisition also reaffirms Argentina's attractiveness as a key ground for financial innovation. With Buenos Aires as a hub, Nexo seeks to consolidate an operational network that will impact all of Latin America and could set a precedent for future global movements.
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