Techub News reported, according to Decrypt, that Brisbane-based (Australia) Cryptocurrency exchange Swyftx will acquire digital asset brokerage Caleb & Brown for AUD 100 million (approximately USD 65.80 million). The two companies claim this is the largest Cryptocurrency acquisition in Australia and New Zealand to date.
The deal was officially disclosed to employees last week and is expected to greatly expand Swyftx's business in the United States, where Caleb & Brown has established a high-net-worth Cryptocurrency investor client base.
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