US Brokerage Giant TD Ameritrade Explores XRP and More Cryptos For 11 Million Retail Investors

Ripple and their digital asset XRP are still in the spotlight despite the bearish trend that embraced the crypto market this whole year.

Regardless of the market’s fall, Ripple continued with its plans and developments while XRP saw more adoption and increased interest.

XRP fans recently receive some pretty exciting news as their hopes may finally become a reality after months and months of waiting.

Coinbase has just confirmed that it is exploring the addition for Ripple’s digital asset on its exchange platform.

They announced the move when the exchange revealed that it’s considering adding support for a broad range of assets.

TD Ameritrade explores XRP

The US brokerage giant TD Ameritrade is currently investigating the possibility of bringing Ripple’s digital asset XRP, along with more digital currencies to their 11 million retail investors.

While responding to a question about whether it will offer its clients the opportunity of trading XRP, the company’s live broadcast financial network said it’s “working hard to make things like this happen.”

This is not even the first time that TD Ameritrade reveals their interest in the world of digital assets.

TD Ameritrade invested in ErisX

Back in October, the company has invested in ErisX which is a new regulated crypto exchange for spot and futures trading that was opened by Eris Exchange, a derivatives market headquartered in Chicago.

ErisX is built to provider traders access to crypto spot contracts and futures contracts on just one single exchange.

The spokesperson Jessica Darmoni stated that it would allow investors to trade Bitcoin, Bitcoin Cash, Etehreum, and Litecoin, besides futures contracts on cryptos.

Back then, TD Ameritrade explained that its retail clients “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.”

Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

Comments are closed.