Singularity

Crypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage and trading firm with an Australian Financial Services Licence. This deal brings Fintek, which operates under the oversight of the Australian Securities and Investments Commission, into the Crypto.com fold, expanding its presence and regulatory footprint in Australia. 
The move marks Crypto.com’s second acquisition aimed at expanding its traditional brokerage capabilities. Previously, the firm acquired SEC-registered Watchdog Capital, LLC, which further enhanced its ability to provide financial services to clients. 
Crypto.com CEO Chris Marszalek <a href="https://crypto.com/company-news/crypto-com-announces-acquisition-of-fintek-securities-pty-ltd" target="_blank" rel="noreferrer noopener nofollow">confirmed</a> that the acquisition is part of the company’s ongoing mission to provide comprehensive financial services. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
 <img loading="lazy" decoding="async" width="457" height="596" src="https://www.cryptotimes.io/wp-content/uploads/2024/11/crypto.comau_.png" alt="Crypto.com acquires Fintek Securities" class="wp-image-214758" srcset="https://www.cryptotimes.io/wp-content/uploads/2024/11/crypto.comau_.png 457w, https://www.cryptotimes.io/wp-content/uploads/2024/11/crypto.comau_-314x410.png 314w" sizes="(max-width: 457px) 100vw, 457px">
 <figcaption class="wp-element-caption">
 Source: <a href="https://x.com/cryptocom/status/1856901509469929657" target="_blank" rel="noreferrer noopener nofollow">Twitter</a>
 </figcaption>
 </figure>
</div> 
“The goal is to create one destination for all financial services where users can simplify their experience and maximize rewards,” said Kris Marszalek. 
Details on the launch of new services such as derivative securities for eligible users will be shared in the coming weeks. 
This acquisition comes on the heels of several key developments at Crypto.com, including their ambitious product roadmap for 2025 and bringing a “level to” benefits and rewards experience to Crypto.com’s continued growth, independently establishing itself as a leader in the global financial services industry. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/11/12/outlier-ventures-partners-with-singularity-finance-for-rwa/" target="_blank" rel="noreferrer noopener">Outlier Ventures Partners with Singularity Finance for RWA</a> 
</blockquote>

Crypto.com Expands in Australia with Fintek Acquisition Deal

The Crypto Times

Other articles published on Nov 14, 2024

Why Experts Are Bullish on Suiruto, the New Meme Coin Sensation on SUI

Crypto Whale Bets on Ethereum Hitting $10,000, RCO Finance To Spike 12000%

BlackRock Expands BUIDL Fund to Multiple Blockchains

Tokens will help Gen Z break into locked housing market

Memecoin PEPE Breaks Past $0.000017 Resistance Level to Pump Over 90% Claiming $0.000023 Target

Will Tesla Accept BTC Again? Expert Says DOGE and DTX Exchange Could Pump 4,440% Next

Join our free newsletter for daily crypto updates!