G Group completes Independent Reserve acquisition after Singapore approval, opening the way for regulated crypto trading across key global markets. The post IG G Group completes Independent Reserve acquisition after Singapore approval, opening the way for regulated crypto trading across key global markets. The post IG

IG Group Completes Independent Reserve Crypto Exchange Acquisition

The IG Group Independent Reserve acquisition reached a key milestone on Jan. 30 after regulatory clearance in Singapore. The London-based trading firm confirmed it has fully taken over the Australian crypto exchange. Notably, this set the stage for a wider regulated crypto offering across several major markets later this year.

Independent Reserve Acquisition Gains Regulatory Backing

As reported by London South East, IG Group first announced the deal in September, placing its initial value at AUD178 million, which is about £86.8 million.

The purchase gives IG Group direct access to a licensed crypto exchange with operations rooted in Australia and a growing presence in Asia.

Independent Reserve is known for serving retail and institutional clients with a focus on compliance and security. By finalizing the Independent Reserve acquisition, IG strengthens its position in digital asset trading without starting from scratch.

The exchange will continue operating under its existing leadership, with CEO and co-founder Adrian Przelozny remaining in place. IG Group said the transaction fits into its long-term plan to expand beyond traditional trading products.

Notably, the company has been cautious with crypto in the past, choosing regulated routes instead of high-risk expansion. This approach appears to have guided the Independent Reserve acquisition from the start.

Expansion Plans Following Independent Reserve Acquisition

Following the Independent Reserve acquisition, IG Group plans to roll out a crypto trading service powered by the exchange in Singapore, Australia, and the United Arab Emirates. The launch is expected in the second half of 2026, subject to local rules in each market.

It is worth mentioning that the company has been making major moves in the crypto market. For example, in 2025, IG Group launched spot trading for Bitcoin BTC $83 105 24h volatility: 5.2% Market cap: $1.66 T Vol. 24h: $94.07 B , Ethereum ETH $2 741 24h volatility: 5.7% Market cap: $330.68 B Vol. 24h: $49.01 B , and XRP XRP $1.76 24h volatility: 5.0% Market cap: $107.06 B Vol. 24h: $5.07 B , expanding its offering for retail investors.

Matt Macklin, who oversees IG operations in Asia Pacific and the Middle East, said the deal supports rising demand for digital assets in those regions. He noted that the Independent Reserve acquisition adds technical depth while keeping customer protection at the center.

At the time of the announcement, IG Group shares were trading at 1,351 pence, reflecting a 33% rise over the past year. For IG Group, the Independent Reserve acquisition marks a clear step toward regulated crypto growth rather than speculative exposure.

next

The post IG Group Completes Independent Reserve Crypto Exchange Acquisition appeared first on Coinspeaker.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Will XRP Price Increase In September 2025?

Will XRP Price Increase In September 2025?

Ripple XRP is a cryptocurrency that primarily focuses on building a decentralised payments network to facilitate low-cost and cross-border transactions. It’s a native digital currency of the Ripple network, which works as a blockchain called the XRP Ledger (XRPL). It utilised a shared, distributed ledger to track account balances and transactions. What Do XRP Charts Reveal? […]
Share
Tronweekly2025/09/18 00:00
GD Culture to Acquire Pallas Capital Assets, Adding 7,500 Bitcoin to Treasury

GD Culture to Acquire Pallas Capital Assets, Adding 7,500 Bitcoin to Treasury

The post GD Culture to Acquire Pallas Capital Assets, Adding 7,500 Bitcoin to Treasury appeared on BitcoinEthereumNews.com. GD Culture Group has entered a share‑exchange agreement to acquire Pallas Capital’s assets, including 7,500 BTC, to accelerate its crypto‑treasury strategy. Pallas Capital Acquisition Boosts GD Culture’s Treasury Strategy GD Culture Group Limited (Nasdaq: GDC) has announced a landmark deal to acquire Pallas Capital Holding Ltd., adding 7,500 bitcoin to its balance sheet as part […] Source: https://news.bitcoin.com/gd-culture-to-acquire-pallas-capital-assets-adding-7500-bitcoin-to-treasury/
Share
BitcoinEthereumNews2025/09/18 13:51