Robinhood crypto Shiba Inu

Robinhood announced that customers can now buy and sell four additional cryptocurrencies namely Compound (COMP), Polygon (MATIC), Solana (SOL) and Shiba Inu ...

We’re excited to bring even lower costs to our customers by integrating with the Lightning network,” said Vlad Tenev, CEO and co-founder of Robinhood. Last week, Robinhood rolled out its digital wallet feature to 2 million of its users. Crypto wallet allows users to store their cryptocurrencies safely.

Robinhood Markets Inc. included four new cryptocurrencies on its platform, including the Shiba Inu coin, in a win for proponents who had long argued in ...

Shares of Robinhood were up 4.6% as of 9:33 a.m. in New York. Prices of all the tokens listed rose. Robinhood Markets Inc. included four new cryptocurrencies on its platform, including the Shiba Inu coin, in a win for proponents who had long argued in favor of the joke token becoming available for trading.

This morning fintech trading platform added four new tokens for clients to trade, bring its total to 11.

However, the company avoided listing SHIB until now because of fears about its outsize volatility, even for crypto. COMP, SOL, and MATIC are each down approximately 40%. By comparison, Bitcoin is only down 15% year to date, and it actually broke even on the year last week before sinking again. This morning fintech trading platform Robinhood added four new crypto tokens, bring its total to 11.

SHIB, SOL, Polygon's MATIC and Compound's COMP tokens were added to Robinhood Crypto.

Bitcoin Cash Price Index (BCX) A blog post on Robinhood's website later confirmed the offerings. Bitcoin Cash Price Index (BCX)

Crypto coin Shiba Inu jumped more than 20% on Tuesday, after brokerage app Robinhood said it has listed the popular meme token, along with three others, ...

Crypto coin Shiba Inu jumped more than 20% on Tuesday, after brokerage app Robinhood said it has listed the popular meme token, along with three others, months after its supporters called for the move. The token surged more than 40,000,000% in 2021, while it has lost 32.7% year-to-date. Robinhood also listed three other cryptocurrencies, including tokens of decentralized lending platform Compound, blockchains Polygon MATICUSD, +6.42%and Solana SOLUSD,, according to a blog post on Tuesday.

The launch of the meme coin Thursday was part of a larger expansion of its crypto offerings.

The launch of the meme coin Thursday was part of a larger expansion of the trading app's crypto offerings. Investors have found other ways to invest in the memecoin, though, likely making it inevitable that Robinhood would begin trading. Each of the tokens was up sharply in early trading Tuesday.

Shiba inu coin began as a parody of another meme cryptocurrency, dogecoin. Tad Park, CEO of the crypto investment fund Volt Equity, called it “the joke of a ...

Shiba inu coin began as a parody of another meme cryptocurrency, dogecoin. But like dogecoin, it has taken off, becoming one of the most valuable cryptocurrencies by market value. "We're going to be very careful,” Tenev told analysts on an earnings call last year.

Robinhood has expanded its presence in the crypto market by adding four cryptocurrencies to its platform: Compound, Polygon, Shiba Inu, and Solana.

Steve Quirk, Robinhood’s chief brokerage officer, articulated this commitment, adding that Robinhood was “excited to add more choices for our customers as we work to make Robinhood the best place to invest in crypto.” In a statement, the company defended its relatively delayed timeline for adding popular cryptos, saying that Robinhood has a “rigorous framework in place to help us evaluate assets for listing.” As of Tuesday morning, the tokens represent a range in value, with Shiba Inu clocking in at around $.000027 and Compound selling for around $130 per token.