Nexo’s Latin America Expansion: What the Buenbit Acquisition Means for Crypto Users

Nexo expands into Latin America with the acquisition of Buenos Aires-based crypto platform Buenbit, opening regional growth for Argentines, Peruvians and beyond

Crypto financial services firm Nexo has announced a major strategic expansion into Latin America through its acquisition of Buenbit, one of the region’s most established and trusted digital asset platforms. The deal positions Buenos Aires as Nexo’s Latin American hub and aims to bring Nexo’s suite of global crypto wealth, trading and credit products to crypto users across Argentina, Peru and Mexico.

What the Acquisition Involves

Nexo will acquire Argentina-based Buenbit, a platform registered with the local securities regulator and one of the most widely used crypto exchanges in Argentina and Peru. This strategic buy adds more than a million users and gives Nexo an already-compliant local presence in key emerging markets.

Buenos Aires will host Nexo’s regional headquarters for Latin American growth.
Buenbit clients will gain access to Nexo’s global products and infrastructure.
Nexo’s internationally recognised security, yield and trading tools will now be offered locally.

This move builds on Nexo’s long-term strategy to expand beyond traditional markets and aligns with ongoing global demand for regulated crypto financial services.

Why Latin America Matters

Latin America has become one of the fastest-growing regions for digital asset adoption, driven by economic volatility, currency instability and a desire for alternative savings and investment tools. Argentina in particular has seen high crypto penetration as residents seek hedges against inflation.

Economic pressures have encouraged digital asset exploration and adoption.
Limited access to traditional credit amplifies the appeal of crypto-backed financial services.
Regulatory environments in countries like Argentina and Peru are evolving quickly.

Nexo’s entry with a locally registered partner like Buenbit gives it an advantage in navigating compliance and local market conditions.

What Products and Services Will Users Get?

Nexo plans to offer its full suite of services to Buenbit’s existing and future customers. These include:

High-yield flexible and fixed-term crypto savings accounts.
Exchange and trading of 100+ cryptocurrencies across many pairs.
Crypto-backed credit for liquidity without selling assets.
Structured investment products such as Dual Investment options.
A loyalty programme powered by the $NEXO token.

By combining Buenbit’s local reach with Nexo’s products and security infrastructure, users can access a broader range of tools previously available mainly in more established markets.

What It Means for Expat Crypto Users

Expats living in France or elsewhere can now potentially benefit from Nexo’s expanded global reach by using its platform through regulated partners. Whether you’re earning yield or accessing crypto-credit options, the expansion increases the number of markets where Nexo’s services are offered and supported.

Access to regulated crypto products in emerging markets may improve liquidity and service stability.
Users in France may find Nexo’s tools useful for diversified digital asset planning.
Multi-currency planning — especially GBP, EUR and crypto — remains important for expats.

Affiliate Notes

This article contains a contextual affiliate link for Nexo. Readers interested in exploring Nexo’s product suite, including savings, loans and trading, can sign up via /go/nexo. All links follow CHB44’s affiliate and trusted resource rules and are included where contextually relevant.