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IG Group acquires cryptocurrency exchange Independent Reserve for A$178m
Electronic trading major IG Group Holdings plc (LON:IGG) today announced the acquisition of Independent Reserve, a cryptocurrency exchange based in Australia, for an initial enterprise value of A$178.0m (£86.8m). Matt Macklin, Managing Director of Asia Pacific & Middle East at IG, commented: “This acquisition marks an important step in IG’s crypto strategy in a key region. Independent Reserve is one of Australia’s largest and fastest-growing digital asset exchanges with established regulatory foundations, proven technology and strong leadership. I am delighted that the Independent Reserve team will join IG as ... (full story)
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From in.investing.com | Sep 19, 2025
IG Group Holdings plc (LSEG:IGG) announced Friday it has agreed to acquire Independent Reserve, an Australian cryptocurrency exchange, for an initial enterprise value of A$178.0 million (£86.8 million). The transaction will give the FTSE 250 company immediate access to cryptocurrency markets in Australia and Singapore, accelerating its entry into the Asia ...
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