BULLISH 📈 : IG Group completes Independent Reserve crypto exchange acquisition

The IG Group completed its acquisition of the Australian crypto exchange Independent Reserve after receiving regulatory clearance in Singapore on January 30. This acquisition allows IG Group to expand its regulated crypto offerings across major markets.

Details of the Acquisition

The deal was initially announced in September and valued at AUD178 million (£86.8 million).
IG Group gains direct access to a licensed crypto exchange with a presence in Australia and Asia.
Independent Reserve, known for compliance and security, will continue under CEO Adrian Przelozny.

Strategic Expansion Plans

IG Group plans to launch crypto trading services in Singapore, Australia, and the UAE by the second half of 2026.
In 2025, IG Group expanded into spot trading for Bitcoin, Ethereum, and XRP.
Matt Macklin highlighted the acquisition's role in meeting rising demand for digital assets while ensuring customer protection.

IG Group shares rose 33% over the past year, reflecting investor confidence in its strategic shift towards regulated crypto markets.