Crypto.com acquires Orion, a brokerage and financial services company

Crypto

Crypto.com acquires Orion, a brokerage and financial services company

Crypto.com, a leading crypto exchange, has announced that it acquired Orion Principals Limited, a brokerage company regulated by the Abu Dhabi Global Market (ADGM).

The reason behind the acquisition is to increase its offer of traditional financial services products, as per the latest information obtained by Finbold on Monday, December 9.

Based in Abu Dhabi, Orion specializes in investment and ancillary services for various financial products and instruments. By integrating Orion, Crypto.com aims to accelerate its provision of financial investment services such as securities, options, futures, and contracts for difference (CFDs).

Kris Marszalek, the CEO of Crypto.com, has highlighted the acquisition as a milestone in the exchanges commitment to financial innovation and market expansion:

The latest in a series of acquisitions

With Orion as the latest addition to its portfolio, Crypto.com has doubled down on boosting its financial services offer.

Before acquiring the Abu Dhabi-based exchange, Crypto.com incorporated Fintek Securities, an Australian brokerage service, Charterprime, an Australian foreign exchange broker, and Watchdog Capital, a brokerage registered by the U.S. Securities and Exchange Commission (SEC).

Furthermore, in November this year, Crypto.com revealed its product roadmap for 2025 and also launched Level Up, a benefits and rewards program to promote its financial services.