Australia’s Swyftx to Acquire Caleb & Brown in Record $66M ANZ Crypto Deal
Swyftx, an Australian crypto exchange, will acquire Caleb & Brown, a boutique digital asset brokerage, marking the largest crypto acquisition in Australia and New Zealand. The deal is valued at over AU$100 million (approximately US$65.8 million) and aims to enhance Swyftx's presence in the U.S. market, where Caleb & Brown serves high-net-worth clients. This acquisition follows Swyftx's purchase of New Zealand's Easy Crypto and will expand its geographic reach. Swyftx will employ nearly 300 staff post-acquisition. Caleb & Brown, founded in 2016, manages over $1.2 billion in digital assets and complies with Australian regulations. The firm ensures client assets are securely held and has engaged an auditor for annual financial audits, though no public statements have been released. Swyftx plans to grow Caleb & Brown’s team to attract wealthy investors seeking personalized support.
