Bank

DeFi

Planet

Standard

<div class="intro-text">
 Crypto.com is expanding its range of services with the acquisition of Fintek Securities, a licensed Australian brokerage regulated by the Australian Securities and Investments Commission (ASIC).
</div>
<a href="https://crypto.com/company-news/crypto-com-announces-acquisition-of-fintek-securities-pty-ltd" rel="noopener noreferrer nofollow">Announced</a> on November 14, this acquisition allows the crypto exchange to offer an expanded suite of services to eligible Australian users, including deposit products, securities, derivatives, foreign exchange, and managed investment schemes.
CEO Kris Marszalek stated that the acquisition aligns with Crypto.com’s vision of becoming a comprehensive financial platform. He also mentioned that by the end of the year, the platform intends to roll out additional services, including crypto derivatives and stock trading, through its subsidiaries.
According to the announcement, this acquisition is Crypto.com’s second move to bolster its traditional brokerage capabilities. In late October, the company<a style="color: #0000ff;" href="https://crypto.com/company-news/cryptocom-announces-acquisition-of-sec-registered-broker-dealer-watchdog-capital-llc" rel="noopener noreferrer nofollow"> acquired</a> Watchdog Capital, a U.S.-based brokerage firm, to offer equities and equity options to eligible U.S. investors. Notably, Watchdog is registered with the U.S. Securities and Exchange Commission (SEC) and operates under the regulatory oversight of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
In addition to expanding its service offerings, Crypto.com<a style="color: #0000ff;" href="https://crypto.com/product-news/level-up" rel="noopener noreferrer nofollow"> recently</a> launched initiatives to improve user access to banking services through partnerships, as well as credit card and equity options for eligible users. Under its new “Level Up” program, the exchange will offer a tiered rewards structure that spans its core products and upcoming services, including credit cards, equities, equity options, and deposit and savings accounts.
The crypto exchange is also actively forming strategic partnerships to support its growth. It<a style="color: #0000ff;" href="https://defi-planet.com/2024/08/crypto-com-launches-fiat-services-in-partnership-with-standard-chartered-bank/" rel="noopener noreferrer nofollow"> partnered</a> with Standard Chartered Bank in August to expand its global retail services. This expanded offering will enable users in over 90 countries to deposit and withdraw USD, EUR, and AED through the app. Initially, this service will be available in the UAE and is expected to gradually expand to other regions.
&nbsp;
If you would like to read more market analyses like this, visit <a style="color: #0000ff;" href="https://defi-planet.com/" rel="noopener noreferrer nofollow">DeFi Planet</a> and follow us on<a style="color: #0000ff;" href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow"> Twitter</a>,<a style="color: #0000ff;" href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow"> LinkedIn</a>,<a href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow"> Facebook</a>,<a href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow"> Instagram</a>, and<a style="color: #0000ff;" href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow"> CoinMarketCap Community</a>.
Take control of your crypto&nbsp; portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
The post <a href="https://defi-planet.com/2024/11/crypto-com-expands-services-in-australia-through-acquisition-of-fintek-securities/" rel="noopener noreferrer nofollow">Crypto.com Expands Services in Australia Through Acquisition of Fintek Securities</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

Crypto.com Expands Services in Australia Through Acquisition of Fintek Securities

DeFi Planet

Other articles published on Nov 14, 2024

History Shows That Bitcoin Reached a Temporary Top at $93.4K

Crypto influencer Kevin Mirshahi found dead in Montreal, Canada

Franklin Templeton Expands Trading of Its FOBXX Fund to Ethereum

Is November 2024 the Right Time to Invest in Qubetics, Cardano, or Solana? Let’s Find Out!

Is the U.S. Still Behind in Crypto as 40% of American Adults Now Own Digital Assets?

Vizard AI: Transforming Video Creation with AI-Powered Editing Tools

Join our free newsletter for daily crypto updates!