{"id":53881,"date":"2021-12-01T13:11:09","date_gmt":"2021-12-01T11:11:09","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=53881"},"modified":"2025-09-03T17:26:19","modified_gmt":"2025-09-03T14:26:19","slug":"crypto-com-to-acquire-two-u-s-derivative-exchanges-for-216-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/crypto-com-to-acquire-two-u-s-derivative-exchanges-for-216-million\/","title":{"rendered":"Crypto.com to acquire two U.S. derivative exchanges for $216 million"},"content":{"rendered":"<p>The cryptocurrency platform Crypto.com has agreed to acquire two U.S. derivatives exchanges from the financial company IG Group Holdings.<\/p>\n<figure class=\\\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\\\">\n<div class=\\\"wp-block-embed__wrapper\\\">\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-width=\\\"500\\\" data-dnt=\\\"true\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\"><a href=\\\"https:\/\/t.co\/vCNztATSCO\\\">https:\/\/t.co\/vCNztATSCO<\/a> has agreed to acquire Nadex and The Small Exchange.<\/p>\n<p>Details on what\u2019s to come: <a href=\\\"https:\/\/t.co\/PGlPuFOeUq\\\">https:\/\/t.co\/PGlPuFOeUq<\/a> <a href=\\\"https:\/\/t.co\/MuNP2jOyEQ\\\">pic.twitter.com\/MuNP2jOyEQ<\/a><\/p>\n<p>\u2014 Crypto.com (@cryptocom) <a href=\\\"https:\/\/twitter.com\/cryptocom\/status\/1465947304117272578?ref_src=twsrc%5Etfw\\\">December 1, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n<\/div>\n<\/figure>\n<p>\\n\\n\\n\\n<\/p>\n<p>According to IG Group&#8217;s statement, the crypto company will pay $216 million for its stakes in Nadex (North American Derivatives Exchange) and Small Exchange.<\/p>\n<p>\\n\\n\\n<\/p>\n<p>Nadex is a registered and regulated <span data-descr=\\\"U.S. Commodity Futures Trading Commission\\\" class=\\\"old_tooltip\\\">CFTC<\/span> online exchange offering derivatives on some of the world&#8217;s most actively traded markets. Small Exchange is a futures exchange focusing on smaller and simpler products, also aimed at retail customers.<\/p>\n<p>\\n\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cThe acquisition will provide our users with access to a completely new set of financial instruments in addition to our current offering,\u201d said Crypto.com co-founder and CEO Kris Marsalek.<\/p>\n<\/blockquote>\n<p>\\n\\n\\n<\/p>\n<p>IG Group CEO June Felix described the deal as \\&#8221;mutually beneficial.\\&#8221; She said both exchanges are \\&#8221;strong innovative ventures,\\&#8221; with potential that Crypto.com has assessed.<\/p>\n<p>\\n\\n\\n<\/p>\n<p>The deal is expected to close in the first half of 2022, subject to regulatory approvals. Both companies will be brought under the Crypto.com brand.<\/p>\n<p>\\n\\n\\n<\/p>\n<p>As a reminder, earlier the crypto platform <a href=\"https:\/\/u1f987.com\/en\/news\/crypto-com-paid-700-million-for-naming-rights-to-clippers-and-lakers-arena\">paid $700 million<\/a> for the naming rights to the NBA arena of the Los Angeles Clippers and Los Angeles Lakers.<\/p>\n<p>\\n\\n\\n<\/p>\n<p>Subscribe to ForkLog news on <a href=\\\"https:\/\/vk.com\/forklogcom\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">VK<\/a>.<\/p>\n<p>\\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency platform Crypto.com has agreed to acquire two U.S. derivative exchanges from the financial company IG Group Holdings.<\/p>\n","protected":false},"author":1,"featured_media":53882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1452,26],"class_list":["post-53881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-com","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=53881"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53881\/revisions"}],"predecessor-version":[{"id":53883,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/53881\/revisions\/53883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/53882"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=53881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=53881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=53881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}