Wealth99 Now Operating Under an Australian Financial Services Licence

Wealth99 Can Now Offer New Regulated Products Under an AFSL

Quarterbar Financial Pty Ltd, trading as Wealth99, is proud to announce it has become a Corporate Authorised Representative (CAR) of its related company, Real World Assets Pty Ltd (RWA), which holds an Australian Financial Services Licence (AFSL 546278).

Wealth99 does not require an AFSL to offer its existing unregulated crypto and precious metals products and services. However, holding an AFSL enables Wealth99 to expand into other business areas and markets.

Leading Innovation

Since 2018, Wealth99 has been a pioneer in Australia’s crypto-wealth sector, delivering a business model designed to meet investors’ needs. We introduced ‘zero-scam’ security measures by blocking crypto withdrawals and implementing whitelisted banking. We pioneered bank-owned licensed custody, as well as free personalised expert support to give clients confidence.

BlackRock’s CEO has famously stated that all financial assets will eventually be tokenised.

Holding an AFSL allows Wealth99 to expand its platform to enable clients to invest in regulated products such as ETFs related to alternative assets. These alternative assets may eventually include tokenised “real world assets”.

Building Trust

Although an AFSL is not required for unregulated crypto products, as a Corporate Authorised Representative, Wealth99 must develop systems and operate to the professional standards expected in the regulated financial sector. Following further development, Wealth99 expects to offer both regulated and unregulated products and services on the same professional platform.

Wealth99 partners with financial professionals – from SMSF accountants to estate lawyers – who need to trust the organisations their clients engage with, so this development will be widely welcomed.

“Securing this AFSL has been a major project for us,” comments Craig Smith-Gander, Chairman of Wealth99. “We are confident it demonstrates our commitment to delivering the most secure wealth platform for financial professional partners and clients. It positions us perfectly for the future.”

Wealth99 Now Operates Under an AFSL 

After more than three years of preparation, we are pleased to announce that Wealth99 is now officially a Corporate Authorised Representative (CAR) under an Australian Financial Services Licence (AFSL), held by our related company Real World Assets Pty Ltd.

This is an important milestone for us and for our clients. Here’s why:

A Higher Standard of Accountability

Currently, crypto assets fall outside ASIC’s regulatory framework, meaning many platforms operate with limited oversight. This understandably leads to caution, especially among experienced investors and financial professionals.

We chose a different path.

Although not currently mandatory, we pursued an AFSL to align Wealth99 with the standards expected of traditional financial firms. As our Chairman Craig Smith-Gander puts it, “The crypto products we offer aren’t regulated today, but financial professionals are unlikely to take a platform seriously as a ‘wealth business’ without an AFSL.”

Now that we hold an AFSL, we will work on enhancing our platform to meet the higher standards required for regulated financial products and services.

What It Means for You

It is business as usual for existing non-regulated products and services.

However, by November our platform will be ready to offer regulated financial products and services. This will not be instantaneous, as the AFSL requires us to uphold higher standards of conduct, disclosure, and governance.

Wealth99 is committed to transparency, security, and long-term client trust. The AFSL also gives financial professionals and institutions greater confidence that Wealth99 operates with the discipline and accountability of a traditional wealth platform — even while innovating in the crypto space.

A Different Approach to Crypto Wealth

Since launching in 2018, our mission has been to build a secure, accessible crypto wealth platform designed not for traders, but for long-term investors. We’ve introduced institutional-grade custody, restricted access to most unvetted or speculative tokens, and offer personalised expert guidance.

We also take proactive steps to protect clients from common risks in crypto, including disabling withdrawals to prevent scams and partnering only with overseas licensed custodians. In a space that often feels like the Wild West, we believe trust must be earned — and built into every decision we make.

Why It Matters

Becoming a Corporate Authorised Representative under an AFSL is not just a regulatory formality; it is something our clients expect and deserve. This is one of many steps we are taking to build a secure and professional platform — but it is a meaningful one.

If you would like to learn more or speak with a Specialist about how this impacts your strategy, we’re here to help.