Marval advises Nexo on the acquisition of Buenbit
Nexo, Europe’s leading digital asset platform, has announced the acquisition of 100% of Buenbit, one of the most trusted and popular exchanges both in Argentina and Latin America, with more than $11 billion in assets under management”
Buenbit is registered in Argentina before the National Securities Commission (CNV) as virtual asset service provider and operates both in Argentina and Peru, serving more than one million customers.
The transaction marks Nexo’s entry into Latin America. This strategic move marks a major milestone in Nexo’s plan to expand its presence not only in Argentina and Peru but also in Mexico and other markets across the region.
As part of the strategic vision for Latin America, Nexo will establish Buenos Aires as its operational hub in the region, from which it will coordinate investments, product development, partnerships, and expansion strategies into other markets.
Marval advised Nexo on Argentine law through a team led by partners Pablo Artagaveytia and Juan M. Diehl Moreno and associate Pedro Colaneri.