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Crypto exchange Swyftx and trading app Superhero announce $1.5 billion merger


Two home-grown Australian companies that have tapped into the trend of convenient, low-brokerage digital finance have today announced a merger to establish a $1.5 billion financial powerhouse.


Sydney-based share trading and superannuation platform Superhero and Brisbane-headquartered digital broker Swyftx will join forces with an estimated 800,000 customers once the merger goes through.


Swyftx was co-founded in 2018 by Alex Harper and Angus Goldman, who last year won the Australian Young Entrepreneur Trailblazer Award, having already won the same honour in Brisbane following a year in which their motto of delivering an "Australian cryptocurrency exchange that cares" resonated with the public and translated to aggressive growth for the self-funded enterprise.


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