Headline: TradFi heavyweight IG will roll out crypto trading across Europe using Bitpanda’s infrastructure
IG, the long-established London-listed trading platform, said it will expand cryptocurrency trading beyond the U.K. into wider Europe by tapping the infrastructure of Austrian exchange Bitpanda — though it did not give a timetable for the roll-out.
The collaboration will see IG’s European arm rely on Bitpanda for core crypto plumbing: liquidity, trading connectivity and market data, the company said in an emailed statement on Thursday. IG first launched crypto trading in the U.K. about a year ago.
Financials and scale
- IG reported first-quarter 2026 revenue of £331.2 million ($445 million). Spot crypto accounted for £2.4 million ($3.2 million) of that total.
- The firm, which introduced spread betting in the U.K. in the early 1970s, is one of Europe’s best-known retail brokers and serves roughly 1.3 million clients worldwide across equities, FX, commodities and derivatives.
Why Bitpanda?
Bitpanda is headquartered in Vienna and is primarily licensed in Austria. It also holds licences under the EU’s Markets in Crypto-Assets (MiCA) framework in Germany and Malta, which enables it to offer crypto services across the bloc — a capability IG is leveraging to extend its crypto access to European customers.
What this means
The move signals a growing convergence between traditional financial services and crypto platforms: IG gains ready-made crypto infrastructure and regulatory coverage to scale in Europe quickly, while Bitpanda deepens its distribution through an established retail broker. For IG, crypto remains a small slice of revenue today, but this partnership could fast-track broader adoption among its sizeable client base. No launch dates were provided.
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