IG Group Buys Majority Stake in Australian Crypto Exchange Independent Reserve for $72M

IG Group, a prominent online trading platform, has made a strategic move by acquiring a majority stake in the Australian cryptocurrency exchange Independent Reserve for a substantial sum of $72 million. This acquisition signifies IG Group's commitment to expanding its footprint in the rapidly evolving cryptocurrency market and highlights the growing importance of digital assets within the global financial landscape. Through this investment, IG Group aims to leverage Independent Reserve's established customer base and expertise in the cryptocurrency space, further enhancing its own offerings and capabilities in trading digital currencies. source: https://www.coindesk.com/business/2025/09/19/ig-group-buys-majority-stake-in-australian-crypto-exchange-independent-reserve-for-usd72m