IG Europe has partnered with Bitpanda to extend its crypto trading offerings across Europe, utilizing Bitpanda’s established infrastructure for liquidity, market data, and trading connectivity. This move follows IG’s initial rollout of spot crypto trading in the UK and aims to provide European clients with broader access to digital assets without the burden of building new infrastructure.
Bitpanda’s platform plays a critical role in this partnership, enabling IG to meet the stringent regulatory requirements under the Markets in Crypto-Assets Regulation (MiCA), which mandates robust standards for capital, governance, risk management, and custody for crypto service providers across the bloc. By relying on Bitpanda’s established framework, IG shortens the time needed to expand its crypto offerings while ensuring compliance.
IG Europe, regulated by Germany’s BaFin, is part of the London-listed IG Group, which serves over 1.3 million clients worldwide. Despite crypto revenue representing a small fraction of its total income—with spot crypto contributing under 1% of recent quarterly revenue—the company continues to advance its digital asset strategy. This includes acquiring Australia’s Independent Reserve exchange to launch spot crypto there and obtaining a MiCA license in Germany.
The deal complements other recent IG crypto initiatives, including selling its futures exchange Small Exchange to Kraken, signaling strategic realignment in its crypto offerings. Meanwhile, Bitpanda is expanding beyond crypto spot trading. It is developing Vision Chain, an Ethereum layer-2 solution to support tokenized stocks, bonds, and funds in compliance with both MiCA and MiFID II, targeting banks and fintech firms across Europe.
Bitpanda has also been broadening its product range to include thousands of equities and exchange-traded funds, heading toward becoming a full-spectrum financial platform. The Vienna-based company launched UK operations earlier this year and is reportedly preparing for a potential public listing.