IG Group launches crypto trading for 31 tokens in the UK, meeting rising demand.
- IG Group offers direct crypto trading, boosting UK’s crypto market.
- First UK-listed firm for crypto ownership.
- Partners with Uphold, signaling trust in crypto space.
IG Group and Uphold Pioneer UK Crypto Spot Trading
This initiative marks a significant shift in the crypto landscape, offering new opportunities for retail investors.
IG Group and Uphold Pioneer UK Crypto Spot Trading
IG Group, a UK-listed company, has launched a crypto trading service in collaboration with Uphold. This move allows retail investors to hold digital assets directly.
This development represents a significant market shift, as IG Group is transitioning from offering only crypto exposure through Contract for Differences (CFDs) to providing actual ownership of digital assets.
This launch is pioneering as IG Group shifts from derivative products to spot trading. The change responds to increasing crypto demand among retail clients.
31-Token Launch Drives Secure UK Crypto Access
The offering affects 31 to 38 tokens, including Bitcoin and Ethereum. IG Group’s entry is expected to elevate the UK’s crypto market presence, enabling secure, regulated access.
This launch aligns with the UK’s growing crypto market, where many young investors now hold digital assets. The partnership with Uphold reinforces investor confidence.
IG Group’s Entry Legitimizes UK Crypto Sector
While private firms like Revolut offered similar services, IG Group’s move brings mainstream legitimacy to the sector, a first for a London-listed firm.
Experts project increased institutional participation, with the UK’s regulatory climate becoming more favorable towards digital assets, paving the way for further market evolution.
“Crypto is no longer a fringe asset class. Our clients want secure, reliable access to digital tokens from a trusted provider—and as a UK-listed, regulated company, we’re ideally placed to meet that need.” – Michael Healy, UK Managing Director, IG Group
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
