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TD Ameritrade Expresses Further Interest in Crypto Assets

CryptoChats -TD Ameritrade and XRP

TD Ameritrade is one of the US’s largest brokerages with over 11 million clients with assets amounting to over $1.2 trillion.

Back in October of 2018 Ameritrade demonstrated its interest in cryptocurrency when it invested in the new Chicago based cryptocurrency exchange for spot contracts and future contracts, ErisX. ErisX aims to be the first exchange that offers spots and futures all in one platform. ErisX’s Jessica Darmoni states that the exchange will initially feature trading for Bitcoin, Ethereum, Bitcoin Cash and Litecoin with more coins to be added in the future.

Back in October Ameritrade said that they “are seeking to access and trade digital currency products in the same way they do with traditional capital markets – through a legitimate, regulated and transparent exchange.”

TD Ameritrade recently Tweeted that their interest in crypto has grown as they are looking to offer their clients a way to trade XRP. The tweet was in response to an Ameritrade customer who inquired into whether Ameritrade was looking to provide a way to trade digital assets such as XRP.

XRP has only gained more popularity during this market panic as the gap between Ethereum and Ripple market cap has only grown, further securing Ripple’s #2 position. Ripple initially stole the number two position from Ethereum back in late September of 2018.

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