Swyftx chief executive Jason Titman said the deal would help accelerate the growth of both firms
Photo: Supplied/Swyftx

• Easy Crypto to merge with Australia’s Swyftx for an undisclosed sum
• The merger will create the second-biggest cryptocurrency trading platform in Australasia by volume
• Easy Crypto brand to be eventually retired

New Zealand’s largest cryptocurrency exchange is has fallen into Australian hands in a major shakeup of the local crypto market.

Easy Crypto, with more than 350,000 users globally, has been acquired by Brisbane-based crypto exchange Swyftx for an undisclosed sum.

The parties said the merger would create the second-largest platform in Australasia by trading volume, combining with Swfytx’s 800,000…