Bitcoin

Crypto.com, a Singapore-based crypto exchange, has acquired Fintek Securities Pty Ltd., an Australian licensed brokerage firm. The acquisition expands Crypto.com’s footprint in Australia, enhancing its offerings with a broader suite of financial products. The offerings include deposit products, derivatives, securities, foreign exchange, managed investment schemes, and other products.Kris Marszalek, CEO of Crypto.com, has been vocal about the exchange’s <a href="https://cryptotale.org/metaplanet-expands-bitcoin-portfolio-with-57-1-btc-purchase/" rel="noopener noreferrer nofollow">purchase</a> of the brokerage firm regulated by the Australian Securities and Investments Commission. In an official blog post on November 14, <a href="https://crypto.com/company-news/crypto-com-announces-acquisition-of-fintek-securities-pty-ltd" rel="noopener noreferrer nofollow">he stated</a>,&lt;blockquote&gt; “The path of the Crypto.com roadmap is to expand our offering ambitiously by providing customers with the most comprehensive set of financial services, and this acquisition is the latest step in that direction. The goal is to create one destination for all financial services where users can simplify their experience and maximise rewards.” &lt;/blockquote&gt;Crypto.com’s strategic acquisition of Fintek Securities marks the platform’s second major move to establish traditional brokerage capabilities. Initially, Crypto.com purchased Watchdog Capital, a broker-dealer registered under the US Securities and Exchange Commission (SEC). The deal, announced on October 31, 2024, allowed Crypto.com to offer equities and equity options to eligible U.S. investors complying with the laws.<a href="https://cryptotale.org/crypto-com-acquires-fintech-bolsters-australian-presence/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Crypto.com Acquires Fintech, Bolsters Australian Presence

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