Interactive Brokers moves into Ethereum’s $110 billion staking market as institutional demand accelerates
Photo: CryptoSlate
Interactive Brokers launched Ethereum staking for eligible clients as nearly 36% of the cryptocurrency's supply is committed to validators. On Oct. 13, the brokerage said that qualifying Interactive Brokers LLC customers can stake ETH through its Client Portal, with crypto infrastructure provider zerohash handling the service. Rewards are credited in ETH and can compound while holdings remain staked. The expansion brings crypto rewards into a platform where customers already trade stocks, bonds, futures and digital assets, allowing the brokerage to compete for assets investors might otherwise keep with specialized cryptocurrency exchanges or staking providers.
Source: CryptoSlate
