UK trading platform IG Group buys Australian crypto exchange

Reuters

UK trading platform IG Group buys Australian crypto exchange

British online trading platform IG Group said on Friday it had acquired Australian cryptocurrency exchange Independent Reserve for A$178 million ($117.41 million), expanding its digital offerings and presence in the Asia-Pacific region.IG said the deal is expected to be accretive to cash earnings per share in the first full financial year after closing it.($1 = 1.5161 Australian dollars)