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Crypto.com will acquire two US-based exchanges from IG Group, in $216 million deal

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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.

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