Crypto.com has announced its acquisition of Fintek Securities Pty Ltd, a brokerage and trading firm with an Australian Financial Services Licence. This move expands Crypto.com's presence and regulatory activities in Australia.
Acquisition of Fintek Securities
Crypto.com has completed the acquisition of Fintek Securities Pty Ltd, a brokerage and trading firm operating under the oversight of the Australian Securities and Investments Commission.
Expansion of Brokerage Capabilities
This is Crypto.com’s second acquisition aimed at expanding its traditional brokerage capabilities. Previously, the firm acquired SEC-registered Watchdog Capital, LLC, further enhancing its ability to provide financial services to clients.
Future Steps and Prospects
Crypto.com CEO Chris Marszalek confirmed that the acquisition of Fintek Securities is part of the company’s ongoing mission to provide comprehensive financial services. Details on new services, such as derivative securities for eligible users, will be shared in the coming weeks.
This move is part of Crypto.com’s strategy to strengthen its position in the global financial market and simplify user access to a broad range of services.
