[Australian crypto broker goes into the UK! Betting on a crypto “virgin land” 🇬🇧]

Australian crypto broker Caleb & Brown has announced its entry into the UK market, focusing on high-net-worth clients and expanding its business footprint from Australia and the US into Europe 🏦

The company’s CEO, Andrea Yuen, said the UK is an “untapped opportunity”: compared with the US, Asia, and Australia, Britons invest in Bitcoin and other risky assets at a level four to five times lower, leaving huge room for growth 📈

Data supports this as well: Chainalysis shows that the UK ranks 11th globally in crypto adoption, and the UK’s financial conduct regulator estimates that only 8% of UK people hold crypto assets 💷

Yuen believes the UK is one of the world’s oldest and most established financial hubs, but crypto services for private clients are severely lacking. A retail exchange model is too rigid for affluent investors—personalized service is the breakthrough point 💼

📌 One sentence: Caleb & Brown, an Australian broker, is moving into the UK to target the gap in crypto services for high-net-worth clients.

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