Major trading platform Robinhood has taken in four new digital assets due to insistent user demand, the firm announced in a statement.
- Robinhood has listed Compound (COMP), Polygon (MATIC), Solana (SOL), and Shiba Inu (SHIB) in its platform, allowing users to buy and sell such tokens. Deposits and withdrawals have yet to be available.
- Chief Brokerage Officer Steve Quirk said the firm has a “rigorous framework” to determine possible assets for listing, as it seeks to provide a “safe and educational” cryptocurrency platform.
- Chief Executive Officer Vlad Tenev last year hinted at additional cryptocurrency offerings but noted that the firm would wait for regulatory clarity before rolling out new services.
The latest digital tokens are in addition to seven other cryptocurrencies already offered by Robinhood, such as Bitcoin, Ether, and Dogecoin. HOOD is up 3.79%, COMP up 6.72%, MATIC up 6.49%, SOL up 3.96%, SHIB up 19.27%, BTC down 2.00%, ETH down 0.14%, and DOGE up 0.16%.