UK Investment Platform IG Launches Spot Crypto Trading for Retail Investors
Investment platform IG (IGG) has started offering crypto trading to retail investors, becoming the first publicly listed firm in the U.K. to do so.
Key points:
- IG now provides spot trading for bitcoin, ether, and various smaller tokens.
- Previously, IG only offered derivatives products through contracts for difference (CFD).
- The firm partnered with Uphold, a U.S.-based fintech, to integrate crypto trading into its existing platforms.
- This move reflects growing integration between traditional finance and digital assets.
- Coincides with U.K. regulatory developments for the crypto industry, including recent consultation papers on crypto trading and stablecoin issuance.
- IG shares are up approximately 0.25%, while the FTSE 100 index remains unchanged.