Crypto.com Expands Offerings With Acquisition in Australia

CN
5 hours ago

Crypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage firm with an Australian Financial Services Licence regulated by the Australian Securities and Investments Commission. This move allows Crypto.com to broaden its financial product offerings, including derivatives, securities, foreign exchange, and managed investment schemes, to eligible users. CEO Kris Marszalek highlighted the acquisition as a key step in the company’s mission to create a comprehensive financial services platform that simplifies user experiences and maximizes rewards. This acquisition marks the second by Crypto.com to enhance traditional brokerage capabilities within its family of companies, following its earlier acquisition of SEC-registered broker-dealer Watchdog Capital, LLC, aimed at expanding its U.S. offerings.

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