Swyftx Acquires New Zealand's Largest Crypto Exchange

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The cryptocurrency landscape in the Australasian region is undergoing a significant transformation as Swyftx, one of Australia’s leading digital asset platforms, finalizes its acquisition of Easy Crypto, New Zealand’s largest and top-rated crypto exchange. This strategic move unites two major regional players, creating a powerful homegrown force in the rapidly evolving blockchain and digital finance ecosystem.

With combined customer sign-ups exceeding 1.1 million across Australia and New Zealand, the merger positions Swyftx as a dominant regional exchange capable of competing with global platforms. The acquisition marks a pivotal moment in the consolidation of the Oceanic crypto market, signaling increased maturity and long-term growth ambitions.

A Strategic Expansion for Swyftx

Founded in 2018 in Brisbane, Swyftx has experienced rapid growth, now facilitating billions of dollars in quarterly trading volume. The platform serves over 800,000 customers—including retail investors, businesses, and self-managed superannuation funds (SMSFs)—and holds key regulatory credentials such as AUSTRAC registration and ISO 27001 certification for information security.

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The acquisition of Easy Crypto allows Swyftx to extend its footprint into New Zealand with an established user base of more than 350,000 customers and over NZD $3.5 billion in lifetime sales since 2018. As Australasia’s digital economy accelerates, this move strengthens Swyftx’s position as a homegrown alternative to international exchanges.

Jason Titman, CEO of Swyftx, emphasized the strategic importance of the deal:

“Easy Crypto is a high quality, trusted and innovative business in a market that will rapidly grow over the next few years. We have wanted to expand our presence in New Zealand for some time. Australasia needs a large, homegrown exchange to compete with international offerings—and this deal creates exactly that.”

Shared Vision: Security, Innovation, and Financial Freedom

At the heart of this acquisition lies a shared commitment to customer experience, security, and financial empowerment. Both companies were founded with the mission of making cryptocurrency accessible to everyday users, not just tech-savvy investors.

Easy Crypto, also launched in 2018, operates a non-custodial platform, meaning users retain full control of their private keys and digital assets—a model increasingly favored for its security and alignment with decentralized principles. In 2023, the exchange introduced NZDD, a New Zealand dollar-pegged stablecoin, further enhancing local utility and adoption.

Additionally, Easy Crypto offers its own self-custody wallet, giving users direct ownership of their cryptocurrencies without reliance on third-party custody. These innovations align closely with Swyftx’s growing emphasis on security and user autonomy.

Janine Grainger, CEO and co-founder of Easy Crypto, expressed enthusiasm about the merger:

“Our vision is to make crypto more accessible and to promote financial freedom. We look forward to joining forces with Swyftx to accelerate that vision. Together, we can give our customers access to even more products and innovation to support them in their journeys.”

Grainger also praised Swyftx’s track record:

“I’ve been impressed with Swyftx’s growth and approach in the ANZ markets. Our shared vision and values relating to customer experience, security, and financial freedom made this partnership a natural fit.”

Operational Integration and Future Roadmap

While the acquisition is complete, both platforms will continue operating independently for now. This phased integration ensures minimal disruption to users while backend systems, compliance frameworks, and product offerings are aligned.

Over time, customers from both regions can expect expanded access to new features, enhanced trading tools, broader cryptocurrency listings, and cross-border functionality—all designed to improve usability and investment flexibility.

The combined entity will operate with nearly 200 employees, reinforcing its capacity for innovation and customer support. With headquarters in Brisbane and a strong operational presence in New Zealand, the unified team is well-positioned to serve the unique needs of Australasian users.

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Industry Implications and Growth Outlook

This acquisition reflects broader trends in the global crypto market: consolidation among regional leaders, increased focus on regulatory compliance, and the rise of user-centric platforms that prioritize security and ease of use.

As blockchain technology gains mainstream traction—from decentralized finance (DeFi) to tokenized real-world assets—having a robust, locally trusted exchange becomes critical. Swyftx’s expanded reach strengthens investor confidence and paves the way for wider adoption across everyday financial activities.

Moreover, with governments in Australia and New Zealand actively exploring digital currencies and regulatory frameworks for crypto assets, having a unified domestic player enhances policy dialogue and industry representation.

Frequently Asked Questions (FAQ)

Q: What does this acquisition mean for existing Easy Crypto users?
A: Easy Crypto will continue operating as usual during the transition. Users will retain access to all current services, including the NZDD stablecoin and self-custody wallet. Future updates will focus on expanding product offerings without compromising security or user control.

Q: Will Swyftx absorb Easy Crypto’s platform completely?
A: While full integration is expected long-term, both platforms will remain separate for now. Customers will be notified well in advance of any major changes to services or account structures.

Q: Is customer data safe after the acquisition?
A: Yes. Both companies adhere to strict data protection standards. Swyftx is ISO 27001 certified, ensuring robust information security management across all systems.

Q: Will there be new cryptocurrency listings post-acquisition?
A: Yes. The combined team plans to expand available digital assets, including emerging tokens aligned with DeFi, NFTs, and real-world asset tokenization.

Q: Can Australian users trade NZD on the platform?
A: While direct NZD trading may not be immediate, the introduction of NZDD and cross-border integration efforts suggest future support for multi-currency functionality.

Q: Are there plans for international expansion beyond ANZ?
A: Swyftx has indicated broader ambitions, citing crypto’s global nature. While ANZ remains the priority, strategic expansion into neighboring markets could follow as infrastructure scales.

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Final Thoughts

The Swyftx-Easy Crypto merger is more than a corporate transaction—it's a statement about the future of digital finance in Australasia. By combining scale, innovation, and shared values, the new entity is poised to lead regional crypto adoption while maintaining strong security and user empowerment at its core.

As the lines between traditional finance and decentralized systems continue to blur, having trusted local platforms will be essential. This acquisition doesn’t just create a larger exchange—it builds a foundation for long-term financial inclusion, technological advancement, and consumer choice across Oceania.

For investors, traders, and fintech observers alike, this development signals that the region is ready to play a more prominent role in the global blockchain revolution.