IG Expands Crypto Trading Across Europe via Partnership with Bitpanda
TradFi giant IG to expand crypto trading across Europe through Bitpanda
Image: Coindesk
IG Group, a leading trading platform based in London, plans to expand its cryptocurrency trading services across Europe, leveraging the infrastructure of Bitpanda, an Austrian crypto exchange. This move follows IG's introduction of spot crypto trading for UK retail customers last year, aiming to enhance access to digital assets for European investors.
- 01IG Group reported a revenue of £331.2 million ($445 million) for Q1 2026, with spot crypto trading contributing £2.4 million ($3.2 million).
- 02The partnership with Bitpanda will provide IG with essential infrastructure, including liquidity and market data, to facilitate crypto trading in Europe.
- 03IG has a global client base of 1.3 million, making it one of Europe's most recognized retail trading platforms.
- 04Bitpanda, headquartered in Vienna, Austria, holds licenses under the EU's Markets in Crypto-Assets (MiCA) regulation, allowing it to operate across the European Union.
- 05IG Group is known for introducing financial spread betting to the UK market in the 1970s, diversifying its offerings to include equities, foreign exchange, commodities, and derivatives.
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IG Group, a prominent London-listed trading platform, is set to expand its cryptocurrency trading services across Europe after successfully launching spot crypto trading for UK retail customers last year. The company has announced its partnership with Bitpanda, an Austrian crypto exchange, which will provide the necessary infrastructure, including liquidity, trading connectivity, and market data, to facilitate this expansion. While the exact timeline for the rollout has not been disclosed, this move aims to enhance access to digital assets for European investors. In its recent financial report, IG Group revealed a revenue of £331.2 million ($445 million) for the first quarter of 2026, with spot crypto trading contributing £2.4 million ($3.2 million). With a global client base of 1.3 million, IG Group is one of Europe’s leading retail trading platforms, offering a diverse range of trading options including equities, foreign exchange, commodities, and derivatives. Bitpanda, which is licensed under the EU's Markets in Crypto-Assets (MiCA) regulation, is well-positioned to support IG's expansion into the European crypto market.
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The expansion of IG's crypto trading services could significantly enhance access to digital assets for European investors, potentially increasing market participation and investment in cryptocurrencies.
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