In brief
- Brisbane-based Swyftx will gain a U.S. foothold through Caleb & Brown’s private client brokerage model.
- The acquisition follows Swyftx’s recent deal to buy New Zealand’s Easy Crypto, broadening its regional reach.
- CEO Jason Titman says easing U.S. policy under Trump could accelerate crypto M&A and boost investor appetite.
Australian crypto exchange Swyftx is set to acquire boutique digital asset brokerage Caleb & Brown, in what the companies described as the largest crypto acquisition in Australia and New Zealand to date.
The deal, which was formally disclosed to staff last week, is expected to significantly expand Swyftx’s reach into the U.S., where Caleb & Brown has built a client base among high-net-worth crypto…