Key Takeaways:
- Interactive Brokers has doubled its crypto offerings by adding SOL, ADA, XRP, and DOGE, now supporting 8 digital assets.
- Trading and custody services are handled by Paxos Trust Company or Zero Hash, which processed $20B in crypto transactions as of June 2024.
- The move aligns with a wider trend of traditional financial platforms expanding digital asset support amid growing competition.
Interactive Brokers has expanded its cryptocurrency offerings by adding Solana (SOL), Cardano (ADA), XRP, and Dogecoin (DOGE) to its trading platform.
These join existing options like Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH), effectively doubling the number of available digital assets.
Interactive Brokers is adding four cryptocurrencies to its trading platform that have been highlighted during President Donald Trump’s embrace of the digital-asset sector https://t.co/TCJqTdBsMM
— Bloomberg Crypto (@crypto) March 26, 2025
The newly added cryptocurrencies have a combined market cap of around $267.2 billion.
Trading and custody are handled by Paxos Trust Company or Zero Hash LLC, with Zero Hash reporting $20 billion in processed transactions across 200 countries as of June 2024.
This move reflects a broader trend of financial institutions enhancing support for digital assets.
On March 25, Latin American fintech giant Nubank added several tokens, including ADA and NEAR, to its offerings for over 100 million users.
Other players like Kraken and Binance are also expanding their crypto services, focusing on memecoins and community-driven listings, respectively.
Interactive Brokers aims to attract more traders through competitive fees, which range from 0.12% to 0.18% per transaction, with a minimum of $1.75.
Despite this, it still faces strong competition from dedicated crypto exchanges offering advanced trading tools and similar pricing.
The firm’s expansion signals growing mainstream acceptance and institutional support for crypto assets.
About The Author
Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.
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