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 they ... (full story)