The IG (IGG) investment platform said it started to offer crypto exchanges with retail investors, becoming the first company listed in the United Kingdom to do so.
This marks the first IG offer from the exhibition to cryptography thanks to the punctual trading of Bitcoin
ether and a range of smaller tokens.
The company’s crypto service has already been confined to derivative products in the form of difference contracts (CFD).
IG has teamed up with the Fintech company focused on crypto-basée in the United States as part of the exchange of crypto to its existing platforms that customers are currently using to treat actions, FX, raw materials and derivatives.
This can demonstrate the growing integration between traditional finances (tradfi) and digital assets that investors and traders now expect to see.
The decision of the company based in London also coincides with the continuous development of the United Kingdom plans to establish a regulatory regime for the cryptographic industry. The government has published two consultation documents in April on a bill for activities such as cryptographic trading and the stabg issue.
IG shares are approximately 0.25% higher on writing day, compared to the FTSE 100 index which is unchanged.
Read more: the first exchange of cryptocurrency derivatives from the FCA eliminated the GFO-X trading location
