BlockBeats News, December 11 – According to CoinDesk, asset management platform Nexo has acquired Argentine crypto investment platform Buenbit, with the specific transaction amount not disclosed. This deal aims to deepen Nexo's presence in Latin America, enabling it to operate under Argentina's regulatory framework and reach Buenbit's user base in the country and Peru. After the transaction is completed, Buenos Aires will serve as Nexo's Latin American headquarters, supporting its expansion into Mexico and Peru. Nexo operates in over 150 jurisdictions with an asset management scale of approximately $11 billion. Buenbit is registered with Argentina's National Securities Commission (CNV) and offers fiat-to-crypto services. Additionally, the Central Bank of Argentina is drafting new regulations planning to allow banks to provide cryptocurrency-related services to customers in the first half of next year.

BlockBeats news, on November 28, according to data from glassnode, as of Wednesday, the supply share of Ether held by the top 1% of addresses has risen to 97.6%, up from 96.1% a year ago. However, Iliya Kalchev, a scheduling analyst at the digital asset platform Nexo, stated that the market reaction remains "restrained." Stable capital inflows and the rising derivatives trading activity indicate that investors are selectively rebuilding their portfolios rather than actively rotating throughout the financial system.