The firm has begun offering stablecoin account funding for U.S. retail clients, joining a growing list of brokerages racing to keep pace with crypto-native rivals.
Interactive Brokers Now Accepts Stablecoins in a Bid to Remain Competitive
The firm has begun offering stablecoin account funding for U.S. retail clients, joining a growing list of brokerages racing to keep pace with crypto-native rivals.
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The firm’s current chief financial officer, Alex Ioffe, will transition into a senior advisor role.
The protocol has launched CARROT, a token that can be accrued via staking and governance activity.
The group rolled out its own stablecoin in January to avoid traditional currency restrictions.
The company is joining a growing number of cryptocurrency firms for IPO ambitions amid growing institutional adoption and a more favorable regulatory environment.