Swyftx invested $66 million in the acquisition of Caleb & Brown to expand its business in the United States.

Gate News bot message, Australian crypto assets broker Swyftx is acquiring digital asset brokerage Caleb & Brown, with a total transaction value of over 100 million AUD (approximately 65.8 million USD).

Swyftx informed its employees last week about plans to expand its business in the United States. The target company Caleb & Brown has already established a clientele of high-net-worth cryptocurrency investors in the U.S.

After the transaction is completed, Swyftx plans to expand the relationship management team of Caleb & Brown, with the merged group targeting institutional investors who require customized and round-the-clock support.

Source: Decrypt

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Last edited on 2025-07-01 09:18:45
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