- IG plans to expand crypto trading across Europe through a partnership with Bitpanda.
- Bitpanda will provide liquidity market data and trading infrastructure for IG Europe.
- IG reported £2.4 million in crypto revenue during the first quarter of 2026.
London-listed trading platform IG Group is preparing to expand its cryptocurrency trading services across Europe through a partnership with Bitpanda. The move follows IG’s launch of spot crypto trading for retail customers in the United Kingdom last year.
Under the contract, IG Europe will use Bitpanda’s infrastructure to support crypto trading operations for European clients. The services covered under the agreement include liquidity provision, trading connectivity, and market data access.
The expansion comes as traditional financial firms continue increasing their involvement in digital asset markets through regulated partnerships and infrastructure offerings.
IG Reports Revenue Growth as Crypto Offering Expands
IG reported revenue of 331.2 million pounds ($445 million) for the first quarter of 2026 earlier this week. According to the company, spot cryptocurrency trading generated 2.4 million pounds ($3.2 million) during the period.
Founded in the early 1970s, IG remains one of Europe’s largest retail trading platforms. The company provides trading access across equities, foreign exchange, commodities, and derivatives markets. It currently serves approximately 1.3 million clients globally.
Bitpanda Continues European Expansion
Bitpanda, which is headquartered in Vienna, Austria, operates under multiple European regulatory approvals. The exchange holds licenses under the European Union’s Markets in Crypto-Assets (MiCA) regulation in both Germany and Malta, allowing it to provide services across the bloc.
The company has also expanded its operations in recent months through several initiatives, including its launch in the U.K. market and the addition of thousands of equities and exchange-traded funds to its platform.
In Australia, Bitpanda acquired crypto exchange Independent Reserve as part of its international growth efforts. Separately, IG recently sold its futures exchange platform, Small Exchange Inc., which it acquired in 2023, to Kraken as part of a collaboration between the two.
Related: IG Group Buys Independent Reserve for $117 Million in Asia-Pacific Crypto Push
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