PANews reported on November 14 that according to its official blog, the cryptocurrency exchange Crypto.com announced the acquisition of Fintek Securities Pty Ltd. (Fintek), a brokerage services and trading company that holds an Australian financial services license and is regulated by the Australian Securities and Investments Commission.
Through this acquisition, Crypto.com's companies will be able to provide eligible users with a wide range of financial products, including deposit products, derivatives, securities, foreign exchange, managed investment plans, etc. Following the earlier acquisition of SEC-registered Watchdog Capital, LLC, this acquisition is the second time Crypto.com has achieved traditional brokerage business through its companies. More details on the launch of these new services, including derivatives and securities issuance for eligible Crypto.com customers, will be announced in the coming weeks.
