Crypto.com Secures Fintek Securities in Australian Expansion Move

Crypto.com, a global cryptocurrency platform, has acquired Fintek Securities, an Australian brokerage licensed by the Australian Securities and Investments Commission (ASIC). This move grants Crypto.com access to a highly regulated financial market and allows the platform to offer deposit products, derivatives, securities, foreign exchange, and managed investment schemes to Australian customers.

Driving Innovation and Compliance

This acquisition continues Crypto.com’s strategy to blend cryptocurrency offerings with traditional financial services, expanding its reach in markets with strict regulatory frameworks. Fintek’s integration builds upon Crypto.com’s earlier acquisition of The Card Group, a step that established its foothold in the Australian payments industry.

The acquisition positions Crypto.com to comply with Australia’s Design and Distribution Obligations (DDO), which impose stringent eligibility criteria and oversight for financial products. CEO Kris Marszalek emphasised the company’s aim to become a one-stop platform for users, stating:
“Our goal is to simplify financial services, combining crypto and traditional finance into a seamless user experience.”

A Broader Strategic Vision

Crypto.com has been expanding its regulated operations globally. Recently, it acquired U.S.-based Watchdog Capital, a broker-dealer licensed by the SEC, enabling equities and options trading for eligible American users. These efforts highlight the platform’s ambition to bridge the gap between conventional finance.

By adding gap Fintek Securities to its portfolio, Crypto.com intends to enhance its offerings under the “Level Up” programme, which provides extensive customer rewards and benefits. This development also reflects its intent to scale financial inclusion through innovative tools and regulated frameworks.

Conclusion

Crypto.com’s acquisition of Fintek Securities is a strategic move to deepen its presence in regulated markets, particularly Australia. The deal underscores the company’s mission to unify traditional and digital financial services, marking a pivotal step in its global expansion.