According to official news, 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 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. This acquisition is the second time that Crypto.com has achieved traditional brokerage capabilities through Crypto.com companies, after the company acquired Watchdog Capital, LLC, which is registered with the SEC.