Global brokerage giant Interactive Brokers has expanded its crypto lineup, adding Solana (SOL), Cardano (ADA), XRP, and Dogecoin (DOGE) to its trading platform.
The new additions bring the firm’s total number of supported cryptocurrencies to eight, joining Bitcoin, Ether, Litecoin, and Bitcoin Cash, which have been available since 2021. Together, the newly listed tokens represent over $267 billion in combined market capitalization.
Interactive Brokers, which posted $9.3 billion in revenue last year, is partnering with Paxos Trust Company and Zero Hash LLC to handle trading and custody. Zero Hash reported processing $20 billion in transactions across 200 countries as of mid-2024.
The expansion reflects growing demand from institutional and retail investors as more financial firms race to broaden access to digital assets. Just a day earlier, Latin America’s Nubank rolled out ADA, NEAR, ATOM, and ALGO to its 100 million+ customers. U.S.-based Kraken has been adding a range of memecoins, while Binance introduced a community-driven token listing model.
Interactive Brokers is also pushing competitive pricing, with trading fees set between 0.12% and 0.18% of transaction value, subject to a $1.75 minimum — squarely targeting active traders who want exchange-like pricing through a traditional brokerage.
The move comes at a time when the global crypto landscape is becoming more structured. In the EU, the MiCA regulation is laying out clearer rules for crypto operators. In the U.S., the SEC started backing away from several enforcement cases, while Congress is hashing out new laws around stablecoins and digital asset markets.
“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, EVP of Marketing and Product Development at Interactive Brokers. “Combined with our low-cost structure and powerful trading tools, this expansion reflects our ongoing commitment to offering clients a comprehensive and efficient trading experience.”
Interactive Brokers began its crypto journey in July 2021, initially targeting retail investors. Shortly after, the company expanded crypto trading to institutional customers in the United States. The company extended its services to UK customers in 2024, allowing both retail and institutional investors to trade Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, alongside the traditional investment products offered by IBKR.
