Crypto.com has officially announced the acquisition of Fintek Securities Pty Ltd. (Fintek). Fintek is a brokerage service and trading company with an Australian Financial Services Licence and is regulated by the Australian Securities and Investments Commission.
Crypto.com ventures into derivatives with Fintek Securities
According to official reports, Crypto.com is set to offer eligible users a broad range of financial products, including deposit products, derivatives, securities, foreign exchange, and managed investment schemes.
This acquisition marks Crypto.com’s second that will enable traditional brokerage capabilities through the Crypto.com family of companies, following the earlier acquisition of SEC-registered Watchdog Capital, LLC.
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About the acquisition, Kris Marszalek, CEO of Crypto.com, says, “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.”
Today’s purchase follows a series of recent key milestones for Crypto.com, including the unveiling of the Crypto.com product plan for 2025 and the official launch of Level Up, Crypto.com’s most significant perks and rewards experience to date.
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More information on the launch of these new services, which include derivatives and securities offerings for eligible Crypto.com users, will be released in the coming weeks.
