Interactive Brokers just flipped the switch on $ETH staking for eligible clients via zerohash.
This isn't some degen DeFi play. It's a TradFi giant giving retail normies a one-click staking dashboard right next to their stock portfolio. Submit stake/unstake requests, track pending activity, auto-compound rewards. Clean UX, zero friction.
CEO Milan Galik framed it like their Stock Yield Enhancement Program: "We want clients to earn more from the assets they hold." Translation: TradFi is done watching DeFi eat their lunch on yield products.
Context matters. IBKR launched crypto trading in Sep 2021 with $BTC, $ETH, $LTC, $BCH via Paxos. Since then they've added 20 tokens via zerohash, external wallet transfers, and stablecoin funding (USDC, RLUSD, PYUSD). Staking was telegraphed in June when zerohash announced infra for brokerages.
The real alpha: TradFi onboarding normies into staking without them needing to touch MetaMask or understand gas fees. This is how crypto scales beyond the 50M degens already here. When your boomer uncle can stake $ETH next to his SPY shares, the TAM just exploded.
Availability varies by country and affiliate. Launch is IBKR LLC clients only, $ETH only. But the rails are live. More tokens coming.
This isn't some degen DeFi play. It's a TradFi giant giving retail normies a one-click staking dashboard right next to their stock portfolio. Submit stake/unstake requests, track pending activity, auto-compound rewards. Clean UX, zero friction.
CEO Milan Galik framed it like their Stock Yield Enhancement Program: "We want clients to earn more from the assets they hold." Translation: TradFi is done watching DeFi eat their lunch on yield products.
Context matters. IBKR launched crypto trading in Sep 2021 with $BTC, $ETH, $LTC, $BCH via Paxos. Since then they've added 20 tokens via zerohash, external wallet transfers, and stablecoin funding (USDC, RLUSD, PYUSD). Staking was telegraphed in June when zerohash announced infra for brokerages.
The real alpha: TradFi onboarding normies into staking without them needing to touch MetaMask or understand gas fees. This is how crypto scales beyond the 50M degens already here. When your boomer uncle can stake $ETH next to his SPY shares, the TAM just exploded.
Availability varies by country and affiliate. Launch is IBKR LLC clients only, $ETH only. But the rails are live. More tokens coming.