Interactive Brokers Launches ETH Staking Service with Zerohash, Manages $964.7 Billion in Assets

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Interactive Brokers (IBKR) has launched an ETH update with a new Ethereum staking service through Zerohash. Eligible clients can now stake or unstake ETH directly via the Client Portal. The firm, which manages $964.7 billion in assets, previously offered trading in Bitcoin, ETH news, Litecoin, and Bitcoin Cash. Staking rewards are automatically added to staked positions. IBKR CEO Milan Galik said the service provides clients with a way to earn on their crypto holdings.

ME News reports that on October 14 (UTC+8), global automated broker Interactive Brokers (IBKR) announced the launch of a cryptocurrency staking service powered by blockchain infrastructure company Zerohash. Initially, eligible clients can stake or unstake ETH directly through the Client Portal. Interactive Brokers manages $964.7 billion in client assets and previously offered trading services for Bitcoin, ETH, Litecoin, and Bitcoin Cash.
The staking rewards received by customers will be automatically added to their staking positions, enabling them to earn additional rewards. Milan Galik, CEO of Interactive Brokers, said that staking provides customers with an opportunity to earn rewards on their held crypto assets. (Source: ODAILY)

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