Crypto.com acquires Australian brokerage service and trading company Fintek Securities

Crypto.com have announced the acquisition of Fintek Securities, a brokerage service and trading company that holds an Australian Financial Services Licence and is regulated by the Australian Securities and Investments Commission.

With this acquisition, the Crypto.com family of companies will be able to offer eligible users a broad range of financial products, including deposit products, derivatives, securities, foreign exchange, managed investment schemes and more. This acquisition marks the second by Crypto.com that will enable traditional brokerage capabilities through the Crypto.com family of companies, following the earlier acquisition of SEC registered Watchdog Capital, LLC.

Commenting on the acquisition of Fintek Securities, Crypto.com CEO Kris Marszalek said, “The path of the Crypto.com roadmap is to ambitiously expand our offering by providing customers the most comprehensive set of financial services, and this acquisition is the latest step in that journey.

“The goal is to create one destination for all financial services where users can simplify their experience and maximize rewards.”