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IG Group acquired a majority stake in the encryption trading platform ndependent Reserve for 109.6 million AUD.
BlockBeats news, on September 19, according to Coindesk, the online trading platform IG Group has acquired a majority stake in the Australian Crypto Assets trading platform Independent Reserve for 109.6 million AUD (72.4 million USD). It is reported that IG will initially acquire 70% of the company's shares and has the right to acquire the remaining 30% of the shares based on future performance. The transaction requires regulatory approval and is expected to be completed in early 2026, with a total value reaching 178 million AUD (117.6 million USD).