Cryptocurrency exchange Crypto.com has confirmed the acquisition of Charterprime, a global financial exchange and brokerage service.
The acquisition of Charterprime, who holds regulatory licences in Mauritius, will help Crypto.com’s ambitions to help bring together traditional finance (TradFi) and decentralised finance (DeFi) in a more seamless, connected approach.
Crypto.com will look to provide eligible users across various jurisdictions with a broader offering of financial products, including securities, derivatives, options, futures, contracts for differences and more.
These offerings will be built upon the capabilities following the previously announced acquisitions of Fintek Securities Pty and US regulated broker-dealer Watchdog Capital.
Crypto.com confirmed that further details on the launch of these services will be shared in the coming weeks.
Kris Marszalek, CEO of Crypto.com, stated: “This acquisition is the latest step on our roadmap to bring traditional finance and crypto tools into one simple app with industry-leading rewards.
“With our family of companies, users will soon be offered banking services, crypto, stocks, and credit cards in one place – the Crypto.com App.”
