Nexo Acquires Argentinian Crypto Platform Buenbit, Will Establish Buenos Aires as Its Latin American Headquarters
**December 11: Nexo Acquires Argentine Crypto Platform Buenbit to Expand Latin America Footprint**
Per a CoinDesk report dated December 11, asset management firm Nexo has acquired Argentine crypto investment platform Buenbit. Terms of the deal—including the specific transaction amount—were not disclosed.
The acquisition aims to boost Nexo’s presence in Latin America: it will let Nexo operate under Argentina’s regulatory framework and tap into Buenbit’s user base in Argentina and Peru. Upon closing, Buenos Aires will serve as Nexo’s Latin American headquarters, supporting the company’s expansion into Mexico and Peru.
Nexo operates across more than 150 jurisdictions and has roughly $11 billion in assets under management (AUM). Buenbit is already registered with Argentina’s Securities Commission (CNV) and offers fiat-to-crypto services. Separately, Argentina’s Central Bank is drafting new rules that would allow banks to provide cryptocurrency-related services to customers by the
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Disney to Make $1 Billion Equity Investment in OpenAI, Introducing Disney IP to Sora
On December 11, The Walt Disney Company struck a landmark agreement with OpenAI, including a $1 billion equity investment in the AI developer.
The deal also encompasses a three-year licensing partnership, under which OpenAI’s Sora will generate user-initiated short social videos for fans to watch and share. Content will span more than 200 characters across Disney, Marvel, Pixar, and Star Wars franchises.
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RaveDAO Receives Double Boost from Aster and WLFI, RAVE/USD1 to Officially Launch on Aster on December 12th, Unveiling the Strongest Trading Incentive Plan Ever
**Aster to Launch RAVE/USD1 Spot Trading Pair, Unveil $200k Incentive Contest**
Aster today announced it will officially launch the RAVE/USD1 spot trading pair at 12:00 UTC on December 12, introducing its highest-ever 1.5x trading points (Symbol Boost) bonus. WLFI (World Liberty Financial) will also offer point reward support for RAVE/USD1 traders—an industry first—signaling strong recognition of RaveDAO’s ecosystem potential and community foundation.
Aster, a next-gen DEX backed by YZi Labs (formerly Binance Labs) and CZ, has quickly drawn global traders with its ultra-fast matching engine, institutional-grade security, innovative tools (including hidden orders and yield-bearing collateral), and “CEX trading experience + DeFi self-custody” design. This launch marks $RAVE’s DEX debut, featuring the platform’s exclusive RAVE/USD1 pair and highlighting its forward-thinking focus on cultural assets and the on-chain consumer economy.
Simultaneously, Aster will launch **Rocket Laun
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Binance Launches Private IOI Feature for Large Spot and Loan Orders
**December 11th (per The Block) — Binance has launched a Private Intent of Order (IOI) feature for large spot and loan orders, becoming the first cryptocurrency centralized exchange (CEX) to bring a traditional finance IOI system to digital assets. The tool is built to help institutions execute large trades without risking market disruption.**
An IOI lets traders privately signal interest in buying, selling, borrowing, or lending large amounts of crypto—no need to place an order or disclose their intent on public order books. Common in traditional markets, IOIs help institutions assess liquidity, negotiate terms, and avoid the price volatility often tied to big trades.
A Binance spokesperson said the IOI rollout (via the exchange’s over-the-counter (OTC) and execution services platform) aims to fill a longstanding gap in crypto trading infrastructure. It aligns crypto workflows with traditional finance while giving institutions better liquidity discovery and counterparty matching
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Blockworks is partnering with Solana to launch an Investor Relations Platform
December 11 — Blockworks announced a partnership with Solana to launch Lightspeed IR, an investor relations (IR) platform built for professional investors and token issuers.
Lightspeed IR is a closed, professional environment tailored for: liquidity token funds, institutional allocators and asset managers, family offices, Solana ecosystem teams, and large token holders.
The platform will deliver the following services:
- Powered by Blockworks’ data infrastructure, it grants access to high-fidelity on-chain data across the Solana network and leading applications.
- Translates raw on-chain activity into actionable, framework-aligned institutional research simplified for information and communication workflows.
- Provides ecosystem intelligence and IR workflows covering roadmap updates, KPI packages, governance changes, token events, and direct communication between teams and allocators.
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Solana Co-Founder: Stablecoins are the clear focus right now, and Solana aims to compete for as much market share as possible
**Solana Co-Founder Anatoly Yakovenko (Toly) Addresses Breakpoint Conference**
On December 11, Solana co-founder Anatoly Yakovenko (known as Toly) told attendees at the Solana Breakpoint Conference that growth hinges on building products people actually need.
Stablecoins are the current clear priority, he noted—with an expected $1 to $10 trillion in stablecoins moving on-chain, powering the tokenization and on-chain shift of roughly $500 trillion in global assets.
Toly added that public blockchains and cryptography (which deliver strong property rights protection) don’t clash with free-market capitalism or Wall Street logic—they complement them. By using software to cut out flaws and risks, these tools can expand Wall Street’s financial scale faster.
He emphasized stablecoins are focused on growth, not replacing the U.S. dollar. Layer 1 (L1) networks, especially proof-of-stake (PoS) ones, have clear value capture mechanisms, he said. Solana’s goal? Grab as much market share
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