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 trade Uniswap (UNI).

This week, the buying and selling big added help for Uniswap, which is valued at $6.79 at time of writing, up almost 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 tasks.

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 mentioned in an interview with CNBC that the pockets will function a method to broaden entry to decentralized trade platforms and hand over possession of digital belongings to their house owners.

“Our major goal is to offer clients an incredible product, a possibility to not simply commerce by means of the centralized trade of Robinhood, but additionally preserve 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 keep self custody going ahead.”

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