IN BRIEF: IG Group completes Independent Reserve acquisition

IG Group Holdings PLC - London-based online trading platform operator - Completes acquisition of Australian cryptocurrency exchange Independent Reserve, having received regulatory approval from the Monetary Authority of Singapore. The deal, worth an initial AUD178.0 million, or GBP86.8 million, was announced in September. IG says it expects to launch an Independent Reserve-powered crypto proposition for customers in Singapore, Australia and the United Arab Emirates, in the second half of this year.

IG Group's Asia Pacific & Middle East Managing Director Matt Macklin comments: "I'm delighted to welcome Adrian and the Independent Reserve team to IG. This acquisition strengthens our crypto capabilities and positions us to meet growing customer demand across APAC and the Middle East."

Current stock price: 1,351.00 pence

12-month change: up 33%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2026 Alliance News Ltd. All Rights Reserved.

IG