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IG Group Completes Acquisition of Crypto Exchange Independent Reserve

IG Group Completes Acquisition of Crypto Exchange Independent Reserve

Published:
2026-02-05 04:23:01
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BTCCSquare news:

IG Group Holdings has finalized its acquisition of cryptocurrency exchange Independent Reserve after receiving regulatory approval from the Monetary Authority of Singapore. The deal, initially announced in September 2025, closed on January 30, though financial terms remain undisclosed.

The London-based trading platform plans to leverage Independent Reserve's technology to launch crypto trading services in Singapore, Australia, and the UAE by late 2026. "This acquisition strengthens our crypto capabilities and positions us to meet growing customer demand across APAC and the Middle East," said Matt Macklin, IG Group's Asia Pacific and Middle East managing director.

Independent Reserve, founded in Sydney, holds the distinction of being the first MAS-licensed digital asset exchange in Singapore. The company will maintain its existing licenses and operations while integrating with IG Group's infrastructure. CEO Adrian Przelozny emphasized the strategic advantage: "Combining our crypto expertise with IG's scale accelerates our mission to bring trusted, regulated crypto services to broader markets."

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