Swyftx, a leading Australian cryptocurrency exchange, is set to acquire cryptocurrency brokerage Caleb & Brown for a reported $65.8 million. This significant acquisition marks the largest M&A deal in Australian crypto history and signals Swyftx's ambition for global expansion. The acquisition of Caleb & Brown will allow Swyftx to leverage Caleb & Brown's established brokerage infrastructure and client base, particularly in the high-net-worth individual and institutional investor segments. Furthermore, this move is expected to bolster Swyftx's entry into the competitive US market. By integrating Caleb & Brown's expertise, Swyftx aims to offer a more comprehensive suite of services, including personalized investment strategies and dedicated account management, attracting a wider range of crypto investors. This acquisition underscores the growing maturity of the Australian cryptocurrency market and Swyftx's commitment to becoming a major player on the world stage. ```