TradFi giant IG to expand crypto trading across Europe through Bitpanda

TradFi giant IG to expand crypto trading across Europe through Bitpanda

Source: CoinDesk

Published:08:58 UTC

BTC Price:$77935.2

#crypto #tradfi #regulation

Analysis

Price Impact

Med

This news signifies tradfi expansion into the crypto space, which can increase adoption and liquidity. however, ig's crypto trading revenue is still a small fraction of their total revenue, indicating limited immediate impact on major cryptocurrencies.

Trustworthiness

High

Price Direction

Bullish

Increased accessibility through established financial institutions like ig, coupled with their existing large client base, can lead to greater adoption and potentially higher demand for cryptocurrencies. this partnership with bitpanda, which is mica compliant, adds a layer of regulatory confidence for european investors.

Time Effect

Long

The expansion into europe is stated to be without a specific timeline, suggesting it's a strategic long-term move. the actual impact will unfold over months and years as ig integrates and grows its crypto offerings across the continent.

Original Article:

Article Content:

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email TradFi giant IG to expand crypto trading across Europe through Bitpanda The London-listed company is broadening its digital asset offering after introducing spot crypto trading for U.K. retail customers last year. By Jamie Crawley | Edited by Sheldon Reback May 21, 2026, 8:58 a.m. 1 min read Make preferred on IG will work with Bitpanda to take crypto trading into Europe. (Sheldon Reback/CoinDesk) 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. Crypto Trading More For You Crypto custody firm Copper is looking to sell the company for $500 million By Ian Allison | Edited by Aoyon Ashraf 15 hours ago Cantor Fitzgerald has been appointed to help with the sale, according to sources. What to know : The crypto custody firm is weighing a $500 million sale, according to sources. The jewel in Copper’s crown is the ClearLoop in-custody settlement system, which caters to dozens of institutional firms. Copper closed its enterprise custody business in 2023 to focus on ClearLoop Read full story Latest Crypto News Binance launches SpaceX pre-IPO perps amid $2 trillion valuation bets 1 hour ago Don't call us just a WLFI treasury company, says AI Financial 3 hours ago Here's why bitcoin turned lower from the 200-day average 4 hours ago Polymarket moves to list parlays while SEC seeks public input on prediction market ETFs 10 hours ago Bitcoin miners tied to AI rise as Nvidia posts big earnings beat and strong outlook 10 hours ago Federal Reserve proposes limited master accounts long pursued by crypto firms 10 hours ago Top Stories Elon Musk's SpaceX held 18,712 bitcoin at fair value of $1.29 billion at end of Q1, IPO filing shows 11 hours ago Crypto custody firm Copper is looking to sell the company for $500 million 15 hours ago Why Trump's bitcoin ETF plans likely collapsed before getting off the ground 16 hours ago Prediction markets firms take heat in Senate Commerce hearing scrutinizing surge 15 hours ago Telegram group at center of Jane Street insider-trading allegations in Terra collapse 21 hours ago