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Crypto.com splashes $216 million to acquire two US-based derivatives platforms

Crypto.com has agreed to acquire two United States-based retail-focused derivatives exchange platforms from IG Group Holdings, according to an announcement issued on Wednesday. The deal is worth $216 million and will be paid for in cash.  The two platforms are North American Derivatives Exchange, Inc. (Nadex) and Small Exchange. According to the announcement, IG held a 39% stake in the latter prior to the sale. Nadex, based in Chicago, is a regulated derivatives exchange, offering markets like binary options, knock-outs, …