Crypto.com to acquire two US exchanges for derivatives and futures offerings

Crypto.com to acquire two US exchanges for derivatives and futures offerings

Global crypto exchange Crypto.com is looking to strengthen its foothold in the United States by acquiring IG Group’s stakes in two exchange platforms.

Crypto.com announced that it is purchasing the U.S.-regulated North American Derivatives Exchange (Nadex) and the Small Exchange for a reported $216 million. The deal is expected to close in the first half of 2022, following regulatory approval.

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