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Swyftx, a Brisbane-based crypto exchange, acquires boutique digital asset brokerage Caleb & Brown in a deal worth over AU$100 million, marking the largest crypto M&A transaction in Australia and New Zealand to date

Swyftx’s acquisition of Caleb & Brown follows its earlier purchase of New Zealand’s Easy Crypto, expanding its customer base to 1.1 million and giving it the broadest geographic reach among Australian crypto exchanges

Caleb & Brown, founded in 2016, is a boutique Melbourne-based digital asset brokerage offering personalized trading services and holding over $2 billion in assets under custody

Swyftx’s acquisition of Caleb & Brown positions the exchange to enter the US market by leveraging the brokerage’s private client model and established high-net-worth (HNW) customer base

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