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  • IG pockets £75m after disposal of future exchange platform to beef up crypto capabilities

    Business

    Investment broker IG has disposed of its future exchange platform, Small Exchange Inc, as part of a partnership with global crypto exchange Kraken. IG sold the Chicago-based company, which it purchased in 2023, to Payward Inc., the parent company of popular cryptocurrency platform Kraken, for $100m (£74.9m). The sale consisted of $32.5m in cash and [...]

    IG has pursued a new deal in its bid to beef up its crypto capabilities

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