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New Robinhood Listing Spurs Gains for Ethereum-Based Decentralized Exchange Crypto Project

Coated:

  • Robinhood Increasing Crypto Choices
  • Vlad Tenev’s Feedback

Robinhood Increasing Crypto Choices

Robinhood is increasing its crypto choices by including help for the native asset of decentralized crypto alternate 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 gives providers for Bitcoin (BTC), Chainlink (LINK), Dogecoin (DOGE), Ethereum (ETH), Polygon (MATIC), Shiba Inu (SHIB), Solana (SOL) and different main crypto tasks.

In Could, the buying and selling firm introduced it was launching a brand new non-custodial crypto and non-fungible token (NFT) pockets.

Vlad Tenev’s Feedback

Robinhood CEO and co-founder Vlad Tenev stated in an interview with CNBC that the pockets will function a strategy to increase entry to decentralized alternate platforms and hand over possession of digital property to their house owners.

“Our major goal is to present clients a terrific product, a possibility to not simply commerce via the centralized alternate of Robinhood, but in addition hold 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 Internet 3.0 and preserve self custody going ahead.”

*This text initially appeared on Every day Hodl