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AUS trading platform acquires Caleb & Brown for 100 million yuan to布局 the U.S. high net worth encryption investor market.
On July 1, a certain crypto assets trading platform in Australia will acquire the digital asset brokerage company Caleb & Brown, sources said, with the transaction valued at over 100 million AUD (approximately 65.8 million USD). The platform disclosed to employees last week that it expects to expand its business scope in the United States, where Caleb & Brown has established a high-net-worth crypto assets investor client base.
The platform intends to expand Caleb & Brown's relationship manager team and position the merged group as an alternative choice for institutional investors seeking customized, round-the-clock support.