PANews reported on February 5th that IG Group announced the completion of its acquisition of the well-known cryptocurrency trading platform Independent Reserve, a transaction approved by the Monetary Authority of Singapore. As a veteran in the online trading sector, IG Group will integrate Independent Reserve's expertise in cryptocurrency operations to further expand its presence in the Asia-Pacific and Middle East markets.

Independent Reserve, with its core focus on secure and compliant crypto trading, has demonstrated consistent performance since its inception. This acquisition will ensure continuity of existing user services while allowing IG Group to launch innovative crypto trading solutions, planned for release in Singapore, Australia, and the UAE in the second half of 2026.

Previously, it was reported that IG Group spent US$72.4 million to acquire a 70% stake in Australian cryptocurrency exchange Independent Reserve .