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Interactive Brokers Plans to Sell Institutions on Prediction Markets

The publicly traded online brokerage firm is getting ready to onboard institutions to prediction markets to manage their risk.
Interactive Brokers Plans to Sell Institutions on Prediction Markets
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On its Tuesday earnings call, Interactive Brokers (NASDAQ: IBKR) – a leading online brokerage firm – stated it plans on onboarding utility companies into prediction markets during 2026.

What's the Scoop?

  • Growing Institutional Interest: According to IBKR Chair Thomas Peterffy, the company's most frequently traded prediction markets have been temperature-related. The brokerage house is working to add electricity and natural gas contract support, allowing institutional clients (like utility companies) to efficiently hedge energy consumption exposure through a prediction market.
  • Stablecoin Support: Last week, IBKR launched stablecoin account funding support, allowing clients to fund their TradFi investment accounts in seconds, with 24/7 availability (including weekends and banking holidays) using USDC on Base, Ethereum, or Solana.
  • Banking License Application: In December, Interactive Brokers applied for a national trust bank charter with the OCC. The same license was secured earlier that month by five new banking entities created by digital asset-related companies.

Jack Inabinet

Written by Jack Inabinet

872 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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