Australian cryptocurrency exchange Swyftx is poised to acquire the boutique digital asset brokerage Caleb & Brown for over AU$100 million (approximately US$66 million), marking the largest crypto acquisition in Australia and New Zealand to date. This acquisition, announced to staff last week, will enhance Swyftx's presence in the U.S., where Caleb & Brown has attracted high-net-worth clients. This move follows Swyftx's recent purchase of New Zealand's largest crypto exchange, Easy Crypto, broadening its geographic reach. Upon completion, the Swyftx group will employ nearly 300 staff members. Financial advisory firm Spartan, based in Singapore and Hong Kong, assisted Swyftx in this deal. With the U.S. under the Trump administration easing crypto regulations, Swyftx CEO Jason Titman anticipates a surge in crypto mergers and acquisitions this year. Founded in 2016, Caleb & Brown specializes in personalized trading services and manages over $2 billion in digital assets, ensuring compliance with Australian regulations and maintaining client assets securely. Read more AI-generated news on: https://app.chaingpt.org/news