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Small Exchange

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Coverage Timeline

2025-10-16
Bloomberg 15 related

Kraken acquires US-licensed futures exchange Small Exchange from IG Group, for $32.5M in cash and $67.5M in Kraken parent company's Payward stock, before an IPO

Kraken has acquired a US-licensed futures exchange from IG Group as the crypto heavyweight seeks to broaden the range of products it can offer directly to US customers.

2021-12-01
Bloomberg 9 related

Crypto.com says it plans to acquire the North American Derivatives Exchange (Nadex) and a ~40% stake in Small Exchange from IG Group for $216M in cash

- Small Exchange is backed by Citadel, Peak6, Jump Capital  — Cash deal is expected to be completed in first half of 2022

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