Key Notes
- IG Group has received the go-ahead to acquire Australian crypto exchange Independent Reserve.
- Per the deal, Independent Reserve leadership will remain with the bigger firm.
- More crypto services are now planned for Singapore, Australia, and the UAE this year.
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
$82 923
24h volatility:
2.0%
Market cap:
$1.66 T
Vol. 24h:
$86.47 B
, Ethereum
ETH
$2 730
24h volatility:
3.2%
Market cap:
$329.37 B
Vol. 24h:
$45.22 B
, and XRP
XRP
$1.77
24h volatility:
1.6%
Market cap:
$107.47 B
Vol. 24h:
$4.96 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.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
