Swyftx Acquires US-Focused Caleb & Brown in Largest ANZ Crypto Deal
Australian cryptocurrency exchange Swyftx has agreed to acquire boutique digital assets brokerage Caleb & Brown, marking the largest crypto acquisition in ANZ history.
The transaction gives Swyftx direct access to the US market and its wealthy crypto investors through Caleb & Brown’s specialized high-net-worth services. A source familiar with the transaction, speaking on condition of anonymity, told Decrypt that the deal is valued at over AU$100 million ($65.8 million).
Caleb & Brown operates a personalized brokerage service focused on private investors in the United States, managing more than $2 billion in digital assets under custody. The Melbourne-headquartered firm, founded in 2016 by Rupert Hackett and Prash Puspanathan,…