Interactive Brokers Adds AAVE and DeFi Tokens as Institutional Crypto Adoption Grows

2 hour ago 2 sources positive

Key takeaways:

  • Institutional access to AAVE and UNI could accelerate DeFi's legitimization and capital inflows.
  • RLUSD withdrawal support may amplify Ripple's stablecoin demand, benefiting the XRP Ledger ecosystem.
  • Traders should watch AAVE and LDO for volume spikes as traditional finance deepens DeFi exposure.

Interactive Brokers, the fourth-largest U.S. brokerage, has significantly expanded its cryptocurrency offerings by adding trading support for AAVE and eight other tokens through its partner Zerohash. The move also introduces stablecoin withdrawal options, including Ripple's RLUSD, USDC, and PYUSD, marking a major step in traditional finance's embrace of digital assets.

The nine tokens added via Zerohash include AAVE, Aptos (APT), Canton (CC), Lido DAO (LDO), Monad (MON), NEAR Protocol (NEAR), Plasma (XPL), Pax Gold (PAXG), and Uniswap (UNI). Additionally, Paxos provided access to AAVE, UNI, and PAXG for supported clients. This expansion reflects growing retail investor demand and highlights a broader trend of institutional players integrating crypto into their platforms.

Interactive Brokers also now allows eligible U.S. clients to withdraw USD balances directly as stablecoins to external wallets 24/7, with no added fees. Clients can use USDC, PYUSD, or the newly supported RLUSD, with automatic conversion handled by the system. CEO Milan Galik emphasized that digital assets should be "integrated into a client’s broader financial experience, not treated separately."

The brokerage already offered major assets like Bitcoin, Ethereum, and Solana, but these additions deepen its DeFi and altcoin exposure. Crypto trading commissions start at 0.12% to 0.18% of trade value, with no spreads, markups, or custody fees. However, regional limits apply: the new assets and bidirectional stablecoin funding are unavailable for clients of Interactive Brokers U.K. Limited and Ireland Limited.

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