Interactive Brokers, an online brokerage company, has expanded its cryptocurrency offers and now offers Solana (Sol), Cardano (ADA), XRP and Dogecoin (DOGE) to its customers, which makes the total number of cryptocurrencies available for trade at eight.
This is a major step because interactive brokers change their concentration of cryptocurrency and allows users to invest in these tokens as well as traditional titles such as stocks and obligations.
According to BloombergThey will be added to the list of cryptocurrencies available on the platform now, including Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC) and Ethereum (ETH). The four new cryptocurrencies will be available for all users with Zero Hash LLC Accounts, while PAXOS Trust Co. will only have access to Solana, Bitcoin and other primary tokens.
This expansion comes at the right time because the US government has recently shown more interest in cryptocurrencies. The latest development which caused an praise on the cryptography market is the announcement made by President Donald Trump concerning the creation of a cryptographic strategic reserve with Sol, ADA and XRP.
This news as well as the institutional adoption of Solana and the legal procedure of XRP led to their list on interactive brokers. With these assets, interactive brokers provide customers more opportunities and diversification potential on the digital currency market.
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