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Techub News reports that IG Group has completed the acquisition of the cryptocurrency trading platform Independent Reserve. The transaction became effective on January 30, 2026, following approval from the Monetary Authority of Singapore. According to the announcement, IG expects to launch cryptocurrency business solutions powered by Independent Reserve for clients in Singapore, Australia, and the United Arab Emirates in the second half of 2026.
Techub News: According to CoinDesk, online trading platform IG Group has acquired a majority stake in Australian cryptocurrency exchange Independent Reserve for AUD 109.6 million (approximately USD 72.4 million). IG Group will initially purchase 70% of the company and has the right to acquire the remaining 30% based on future performance. The transaction is subject to regulatory approval and is expected to be completed in early 2026, with a total value of up to AUD 178 million (approximately USD 117.6 million).
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