Crypto.com is making another significant move in the financial industry, announcing its acquisition of Fintek Securities Pty Ltd., an Australian brokerage firm regulated by the Australian Securities and Investments Commission (ASIC). This acquisition grants Crypto.com access to an Australian Financial Services License, empowering the platform to offer traditional financial services such as securities, derivatives, forex, and managed investment schemes.
With this expansion, Crypto.com is taking a bold step in its 2025 roadmap to become a one-stop platform for digital and traditional finance, making financial services more accessible for Australian clients.
Expanded Financial Offerings in Australia
By acquiring Fintek Securities, Crypto.com can now offer eligible users in Australia an array of financial products beyond its existing crypto-based services. Australians will soon have access to deposit products, securities trading, foreign exchange, and derivatives. This development aligns with the company’s broader goal to bridge traditional and digital finance, especially as it follows a similar acquisition of SEC-registered Watchdog Capital in the U.S., enhancing its brokerage capabilities.
Kris Marszalek, CEO of Crypto.com, emphasized the vision behind the acquisition, stating, “Our goal is to create one destination for all financial services where users can simplify their experience and maximize rewards.”.
Why Crypto.com’s 2025 Roadmap is a Game-Changer
Crypto.com’s acquisition of Fintek aligns with its ambitious 2025 roadmap, which includes launching banking services, traditional investment products, and a “Level Up” rewards initiative. Level Up, touted as the company’s most comprehensive benefits program, will reward eligible customers with exclusive perks, increased cash rewards, and access to high-yield credit spending options.
Australian customers stand to benefit from these initiatives, as Crypto.com aims to integrate traditional banking, credit, and stock trading into its already robust crypto offerings.
Key elements of the 2025 roadmap include:
- All-in-One Financial Platform: A unique experience that combines banking, crypto trading, and traditional investment services.
- High-Yield Rewards for Credit Spending: Customers could earn up to 8% cash back, with added perks for top-tier Level Up members.
- Global Expansion of Services: Including stocks, forex, commodities, and indices trading options.
Crypto.com plans to release details on the launch of its new services in Australia, including eligibility requirements for securities and derivatives trading, in the coming weeks. With Fintek’s addition, Crypto.com is well on its way to becoming a centralized platform for all financial services, offering traditional banking and investment options alongside digital assets.
Crypto.com is inviting investors to stay updated on upcoming launches and explore new opportunities for traditional and digital asset investment on its platform. The acquisition of Fintek marks a new chapter in Crypto.com’s journey to create a unified financial ecosystem, promising Australians a unique experience in both crypto and traditional finance.
Don’t miss the chance to take advantage of Crypto.com’s enhanced offerings. From high-yield rewards to secure and diversified investment options, Crypto.com is set to become a leading choice for Australian investors looking to simplify their financial journey.
