IG Group Completes Purchase of Independent Reserve Following Singapore Regulatory Approval

CN
3 hours ago

IG Group has officially completed its acquisition of Independent Reserve, one of Australia’s leading cryptocurrency exchanges, marking a significant expansion into digital assets across the Asia-Pacific region. The move comes as Australia’s crypto industry experiences rapid growth, with ownership rates among the highest globally and market value projected to more than double over the next decade.

According to a media statement, initially announced in September 2025, the deal was finalized after the Monetary Authority of Singapore greenlighted it. Since its founding in 2013, Independent Reserve has built a reputation as a trusted and regulated crypto exchange in Australia, serving both retail and institutional clients.

By integrating its technology and expertise, IG plans to launch a new crypto offering in Singapore, Australia and the United Arab Emirates in the second half of 2026. Matt Macklin, IG’s managing director for Asia-Pacific and the Middle East, said the acquisition positions IG to meet rising demand for crypto trading:

“This acquisition strengthens our crypto capabilities and positions us to meet growing customer demand across APAC and the Middle East.”

Independent Reserve CEO Adrian Przelozny added:

“Combining our crypto expertise with IG’s scale accelerates our mission to bring trusted, regulated crypto trading to a wider audience.”

Read more: IG to Acquire Independent Reserve to Boost Asia‑Pacific Crypto Expansion

Australia has emerged as one of the most dynamic crypto markets globally, with a value of $57.5 billion in 2025, projected to reach $158.9 billion by 2034 with a 10.7% CAGR. Around 30% of Australians own cryptocurrency, among the highest adoption rates worldwide.

The acquisition of Independent Reserve accelerates its entry into crypto markets, diversifying beyond traditional CFD and forex trading. For Independent Reserve, the deal provides access to IG’s global scale, enhancing its reach across APAC and the Middle East.

  • What is IG Group’s latest move in Australia? IG Group has completed its acquisition of Independent Reserve, a leading Australian crypto exchange.
  • Why is this deal important for the Asia Pacific markets? It expands IG’s regulated crypto trading footprint across Australia, Singapore, and the UAE.
  • How strong is Australia’s crypto industry right now? Australia’s crypto market was worth AUD 82.6 billion in 2025 and is projected to triple by 2034.
  • What does this mean for local investors? Australians, with one of the world’s highest crypto adoption rates, will gain broader access to trusted digital asset trading.

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