Interactive Brokers has added the quartet of SOL, ADA, XRP, and DOGE to the trading platform. The listing brings the total number of tradeable cryptocurrencies on the platform to eight as it leans towards cryptocurrencies.
Interactive Brokers Adds SOL, ADA, XRP, and DOGE
A little over a year after wading into cryptocurrencies, online brokerage Interactive Brokers has increased the number of digital assets on the platform. According to a report, users of the brokerage will be able to trade native tokens of Solana, Cardano, Ripple, XRP, and Dogecoin.
The announcement brings the total number of cryptocurrencies on the platform to eight, with Interactive Brokers turning its gaze beyond traditional finance. SOL, ADA, XRP, and DOGE will join an exclusive list of cryptocurrencies, including Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum (ETH).
Customers of the top broker can buy, sell, and hold cryptocurrencies in addition to stocks, bonds, and mutual funds. Users of Interactive Brokers with Zero Hash LLC will have access to the quartet of cryptocurrencies, while those with Paxos Trust Co. accounts are limited to Solana and the first batch of cryptocurrencies.
“Adding these new tokens gives our clients even more flexibility to diversify their portfolios and take advantage of opportunities across digital assets,” said Steve Sanders, Interactive Brokers’ VP of Marketing and Product.
White House Interest Stokes Interest In Cryptocurrencies
The addition of the four cryptocurrencies follows rising interest by the US White House. In early March, President Donald Trump disclosed plans to include the trio of SOL, ADA, and XRP into a Crypto Strategic Reserve.
Following the creation of a Strategic Bitcoin Reserve and the accompanying Digital Asset Stockpile, experts are tipping SOL, XRP, and ADA to form the bulk of the Stockpile. Ripple co-founder Brad Garlinghouse predicts XRP’s inclusion in the Digital Asset Stockpile, pointing to Trump’s post and his invitation to the White House Crypto Summit.
Pundits say that the resolution of the Ripple SEC Case contributes to XRP’s inclusion in the Interactive Brokers platform. Meanwhile, Solana’s streak of institutional adoption, accentuated by BlackRock’s BUIDL Solana integration and Polymarket enabling SOL deposits, has played a key role in its inclusion.
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