Prominent cryptocurrency exchange Crypto.com is acquiring two exchanges from financial services firm IG Group Holdings Plc. for $216 million. As per the statement from IG Group, the exchanges are North American Derivatives Exchange Inc. [Nadex] and Small Exchange Inc, in which Crypto.com will acquire a nearly 40% stake.
As per details of the deal, it is expected to close in the first half of 2022, subject to regulatory approval. The co-founder and chief executive officer of Crypto.com, Kris
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