Brokerage firm Interactive Brokers has added four cryptocurrencies to its platform. Some of these were mentioned by former U.S. President Donald Trump in the context of a national digital asset reserve, reports Bloomberg.
The cryptocurrencies in question are Solana, Cardano, XRP, and Dogecoin. Previously, the firm had already provided clients with access to Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
In early March, Trump instructed a working group on digital asset markets to proceed with creating a strategic cryptocurrency reserve. He proposed including XRP, SOL, and ADA in the fund. Subsequently, the head of state added the two largest coins by market capitalization to the list.
By Trump’s decision, Elon Musk heads the Department of Government Efficiency — DOGE. The billionaire is known as a long-time promoter of the meme coin of the same name.
The presidential decree establishing the crypto reserve does not mention specific tokens. The document states that the fund will be formed from digital assets confiscated by the state.
According to data from Arkham Intelligence, government-controlled wallets hold approximately $17.75 billion in cryptocurrencies. Altcoins do not occupy a significant portion of the portfolio.
“The addition of new tokens provides our clients with even more flexibility to diversify their portfolios and capitalize on digital asset opportunities,” said Interactive Brokers Vice President Steve Sanders.
In 2022, the company announced the transition to 24/7 digital asset trading and the listing of new coins.
Earlier, the U.S. Congress called for halting plans to create a national crypto reserve due to a potential conflict of interest.