Caleb & Brown Expands into UK Market with High-Touch Crypto Services

Australia-based digital asset brokerage Caleb & Brown has expanded into the UK market, targeting affluent investors with its high-touch crypto brokerage services.

The move follows Caleb & Brown's acquisition by Swyftx in a transaction valued at over AU$100 million, making it the largest crypto acquisition in ANZ history.

Caleb & Brown specialises in one-to-one brokerage services for high-net-worth investors and has grown to serve more than 30,000 clients while holding over £1 billion (AU$1.9 billion) in assets under custody.

Swyftx believes the UK represents a significant opportunity due to low cryptocurrency adoption, despite being one of the world's leading financial centres. Swyftx Group co-chief executive Andrea Yuen stated that investment in Bitcoin and other alternative risk assets is four to five times lower than in the US, Australia, and parts of Asia.