Interactive Brokers open to launching its own crypto offerings
Interactive Brokers Group is considering creating its own digital token for customers, joining other big financial firms as U.S. regulators relax crypto rules.
Founder of Interactive Brokers, Thomas Peterffy told Reuters that the company is evaluating methods to integrate stablecoins into its range of offerings. Although it hasn’t settled on a specific path, multiple options are under consideration for delivering these tokens directly to end users.
As a major discount brokerage with a market capitalization of nearly $110 billion, the firm presently collaborates with Paxos for its crypto offerings and maintains a stake in the Zero Hash platform.
Because of these partnerships, its clients currently have access to trading various…
