IG Group, which is listed in the United Kingdom, launches cryptocurrency trading for retail investors

The new launch expands IG's current cryptocurrency offering, as the company already provided contracts for difference based on cryptocurrencies. IG Group, a financial services and trading company listed in the United Kingdom, is launching cryptocurrency trading for retail investors, thus expanding its presence in the digital asset space.

IG customers can now access 31 crypto assets, including Bitcoin

BTC

€91,388

, Ether

ETH

€2,177

, XRP

XRP

€1.87

and a variety of altcoins and memecoins such as Bonk

BONK

€0.00001441

), the company announced in a statement shared with Cointelegraph on June 2.

IG previously offered exposure to cryptocurrencies through contracts for difference (CFD), but this represents a direct entry into spot cryptocurrency trading.

IG's cryptocurrency trading services arrive at a time when cryptocurrency adoption continues to grow in the United Kingdom, amidst pressure from the Government to establish a regulatory regime for cryptocurrencies.