On September 30, 2025, IG Group, a London-listed trading and investing platform, announced that its entity, IG Digital Assets Limited, has been granted a cryptoasset license by the UK's Financial Conduct Authority (FCA). This makes IG the first UK-listed business to join the FCA's cryptoasset register, marking a regulatory milestone amid the FCA's shift toward an accelerated registration process for crypto firms.
The license follows IG's initial rollout of a crypto trading service in June 2025 through a partnership with Uphold, an FCA-registered exchange. At that time, customers could buy, sell, and hold cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) via the IG app, with 24/7 access to over 35 digital assets. With the new approval, IG will now offer direct crypto transfers, expanded token offerings, and improved pricing on its native platform, integrating crypto alongside traditional assets such as stocks, indices, ETFs, and forex.
Michael Healy, managing director at IG, stated, "This marks a significant step forward for IG as we continue to broaden our offering for UK investors. The FCA licence not only enables us to provide a wider range of crypto services, but it also gives our customers greater flexibility and control." Existing crypto customers will be automatically migrated to the IG app in the coming weeks, with no action required.
The news prompted a 1.23% rise in IG Group's shares to £10.74 ($14) in London trading, reflecting market optimism. Analysts noted that this approval could strengthen IG's appeal to younger retail investors and position it competitively against established crypto exchanges like Gemini and Bitstamp in the UK. The FCA's stringent requirements have limited the number of firms on its register, making IG's entry a potential catalyst for other UK-listed companies to pursue similar licenses.
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