Interactive Brokers to Launch Cryptocurrency Trading End of Summer, CEO Reveals

Interactive Brokers to Launch Cryptocurrency Trading End of Summer, CEO Reveals

Interactive Brokers will add cryptocurrency trading to its platform by the end of the summer, CEO Thomas Peterffy has revealed. The platform has about 1.33 million customer accounts and $330.6 billion in customer equity as of the first quarter. Interactive Brokers to Offer Cryptocurrency Trading The chairman and CEO of Interactive Brokers (Nasdaq: IBKR), Thomas Peterffy, said at the Piper Sandler Global Exchange & Fintech Conference Wednesday that his company will start offering direct cryptocurrency trading. Peterffy was quoted by the media as saying: Customers certainly are asking for....


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Interactive Brokers wants to offer as yet unnamed cryptocurrencies to its traders. United States foreign exchange company Interactive Brokers will offer direct cryptocurrency trading to clients within months, a report says.Speaking at the Piper Sandler Global Exchange & FinTech Conference on June 9, founder Thomas Peterffy revealed that the firm had opted to enter the crypto market.Demand fuels latest crypto uptakeQuoted by CNBC, Peterffy hinted that client demand had been a major driver of the decision.“Customers certainly are asking for [crypto trading] and we expect to be ready to offer....

Financial Advisors Managing $110 Trillion Can Now Offer Crypto Trading to Cli...

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Brokerage firm Interactive Brokers Group has announced that it is launching crypto trading for investment advisors. The firm is bringing cryptocurrency investment to investment advisors in the U.S. to help streamline the process of investing clients’ funds in the market. Financial advisors are able to invest and custody cryptocurrencies like Bitcoin, Bitcoin Cash, Litecoin, and […]