New Robinhood Listing Spurs Gains for Ethereum-Based Decentralized Exchange Crypto Project
Robinhood is increasing its crypto choices by including help for the native asset of decentralized crypto change Uniswap (UNI).
This week, the buying and selling large added help for Uniswap, which is valued at $6.79 at time of writing, up practically 13% prior to now seven days, outpacing a stagnant crypto market.
Robinhood crypto additionally offers companies for Bitcoin (BTC), Chainlink (LINK), Dogecoin (DOGE), Ethereum (ETH), Polygon (MATIC), Shiba Inu (SHIB), Solana (SOL) and different main crypto initiatives.
In Could, the buying and selling firm introduced it was launching a brand new non-custodial crypto and non-fungible token (NFT) pockets.
Robinhood CEO and co-founder Vlad Tenev stated in an interview with CNBC that the pockets will function a option to increase entry to decentralized change platforms and hand over possession of digital belongings to their homeowners.
“Our major goal is to present clients an ideal product, a chance to not simply commerce via the centralized change of Robinhood, but additionally maintain full management and custody of their keys and assist them entry decentralized exchanges and swap cash…
Our focus is on simply ensuring that that is the best way for our clients to entry Net 3.0 and preserve self custody going ahead.”
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