Singapore based crypto exchange operator Crypto.com has taken steps to expand in the Australia markets, announcing the acquisition of Fintek Securities Pty Ltd, an MT5 based CFDs broker that holds an Australia Financial Services License, regulated by the Australian Securities and Investments Commission (ASIC).
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.
