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Cryptocurrency trading platform Swyftx to acquire digital asset brokerage firm Caleb & Brown for approximately $65.8 million
Summary: According to reports, Australian cryptocurrency trading platform Swyftx is set to acquire digital asset brokerage firm Caleb & Brown, with the transaction valued at over 100 million Australian dollars (approximately $65.8 million). Swyftx disclosed to employees last week its plans to expand its operations in the United States, where Caleb & Brown has already established ...
According to reports, Australian cryptocurrency trading platform Swyftx is set to acquire digital asset brokerage firm Caleb & Brown, with the transaction valued at over 100 million Australian dollars (approximately $65.8 million). Swyftx disclosed to employees last week its plans to expand its operations in the United States, where Caleb & Brown has already established a client base of high-net-worth cryptocurrency investors.
Swyftx intends to expand Caleb & Brown's relationship management team and position the merged group as an alternative choice for institutional investors seeking customized, round-the-clock support.
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Link: Cryptocurrency trading platform Swyftx to acquire digital asset brokerage firm Caleb & Brown for approximately $65.8 million [Copy]
