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TradFi giant IG to expand crypto trading across Europe through Bitpanda

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coindesk
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1 hour ago
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What to know : IG could soon offer its crypto trading across Europe, a year after introducing it in the U.K. IG, which introduced financial spread betting to the U.K. in the 1970s, has 1.3 million clients globally.

Trading giant IG (IGG), which started offering cryptocurrency trading in the U.K. a year ago, said it plans to expand the service across Europe, without giving a time scale.

The European division of the London-listed investment platform will use crypto exchange Bitpanda's infrastructure — including liquidity, trading connectivity and market data — to provide digital asset access to European investors, according to an emailed statement on Thursday.

The company reported revenue of 331.2 million pounds ($445 million) for the first quarter of 2026 this week, of which spot crypto contributed 2.4 million pounds ($3.2 million).

IG, which introduced spread betting to the U.K. in the early 1970s, is one of Europe’s best-known retail trading platforms, offering clients access to equities, foreign exchange, commodities and derivatives markets. It has 1.3 million clients globally.

Bitpanda is primarily licensed in Austria, with headquarters in Vienna. The exchange also holds licenses under the European Union's Markets in Crypto-Assets (MiCA) regulation in Germany and Malta, allowing it to offer crypto services across the bloc.

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