Robinhood announced(opens in a new tab) on Friday that the company would be delisting all of the cryptocurrency tokens that trade on its platform that the SEC classified as unregistered securities. According to Robinhood, it will end support for the crypto tokens Cardano (ADA), Polygon (MATIC), and Solana (SOL) after June 27.
Users can buy and sell these tokens until then, and can transfer these tokens to other crypto wallets as well. However, after that date, any account holding Cardano, Polygon, or Solana in their Robinhood account will automatically sell the tokens and be credited with the funds
on Friday, Crypto.com announced that it would be shutting down one of its services its institutional exchange that the decision was made due to "lack of demand due to the market landscape in the U.S."