IG Team has accepted get Independent Book, an Australian cryptocurrency exchange, in an offer valued at A$ 178 million (₤ 86 8 million), as the FTSE 250 trading company accelerates its press into electronic possessions.
The procurement, revealed Friday, speeds up IG ‘s step right into crypto markets in the Asia Pacific region.
Independent Reserve offers trading in 34 digital properties throughout multiple currencies and runs in both Australia and Singapore.
The exchange created earnings of A$ 35 3 million (₤ 17 7 million) in the year to 30 June 2025, up 88 % on the prior year, with ordinary regular monthly active customers rising 60 %.
Under the terms, IG will initially get a 70 % stake for A$ 109 6 million (₤ 53 4 million), with a possible earn-out of A$ 15 million (₤ 7 3 million) tied to FY 26 efficiency.
The staying 30 % will stick with Independent Reserve’s management and employees, who maintain operational control and will remain to expand the brand under IG’s possession.
A phone call choice allows IG to purchase the balance based on FY 27– 28 performance.
Completion, anticipated in very early 2026, continues to be subject to governing approval from Singapore’s MAS and Australia’s FIRB. IG said the offer is anticipated to be profits accretive by FY 27
Matt Macklin, Managing Supervisor of Asia Pacific & & Middle East at IG, called the action “a vital step in IG’s crypto strategy,” while Independent Get chief executive officer Adrian Przelozny claimed IG’s backing would certainly “speed up growth and broaden item and market reach.”
The purchase matches IG’s current crypto rollouts in the UK and US.