Retail buying and selling large Robinhood is saying the addition of latest crypto belongings to its burgeoning suite of merchandise.
In a brand new press launch, Robinhood says its including good contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP.
These 4 tokens will be part of different standard cryptocurrencies, together with Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Chainlink (LINK), Avalanche (AVAX), and Aaave (AAVE).
As acknowledged by Johann Kerbrat, vp and normal supervisor of Robinhood Crypto,
“We’ve constantly heard from our prospects that they need entry to extra digital belongings, and we’re excited to proceed increasing our crypto providing. With decrease boundaries to entry, we consider crypto presents a possibility for many who have been traditionally left behind by the standard monetary system.”
Earlier this month, Robinhood and different crypto change platforms reminiscent of Kraken joined forces with stablecoin issuer Paxos to launch a brand new enterprise-grade stablecoin community that goals to extend the utilization of dollar-pegged crypto belongings all over the world.
Final month, it was introduced that if Trump have been to be elected, Robinhood chief authorized officer Dan Gallagher may very well be first in line to switch Gary Gensler because the Chair of the U.S. Securities and Alternate Fee (SEC).
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