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Interactive Brokers Collaborates with Zero Hash to Enhance Crypto Trading

 

Sep 19, 2023 | News | 2 mins read

Zero Hash, the leading crypto infrastructure platform, today announced that Interactive Brokers Group, Inc. (IBKR), an automated global electronic broker, is leveraging Zero Hash’s full-stack API to offer an additional crypto trading and custody provider. Select types of customers, who are newly enrolling for crypto trading access, will utilize the crypto trading platform and custody services provided by Zero Hash. IBKR was also an investor in Zero Hash’s 2021 Series D fundraise.

“Interactive Brokers has always focused on providing experienced traders and institutional investors with advanced technology, competitive pricing and a wide range of global products,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “Since 2021, clients of Interactive Brokers have been able to trade cryptocurrency alongside the many other asset classes we offer, and the collaboration with Zero Hash underscores our dedication to providing clients the ability to seamlessly allocate part of their portfolio to cryptocurrency.”

Zero Hash’s solution enables IBKR customers to buy, sell and hold Bitcoin, Ethereum, Bitcoin Cash and Litecoin through an account they open with Zero Hash. Zero Hash provides IBKR clients access to robust liquidity, crypto custody and market data. Zero Hash manages the complexity of custody, liquidity and licensing of digital assets while IBKR manages the client interaction. IBKR is a Nasdaq-listed, leading trading platform for individual and institutional investors, that lets clients trade stocks, options, futures, currencies, bonds, funds, crypto and more on 150 markets worldwide. IBKR is one of the largest online trading brokerages with $377 billion in assets under custody and now offers access to one of the most complete crypto trading experiences to eligible clients.

“IBKR was one of the leading FinTechs before the term even existed, having been founded in the 1970s and has become one of the most valuable companies in the world,” said Edward Woodford, Zero Hash Founder and CEO. “We are pleased that IBKR became a shareholder and partner, cementing Zero Hash as the most trusted and sophisticated B2B2C crypto-as-a-service infrastructure.”

Read the full press release

Shaun Okeeffe