Robinhood Shows More Support For Shiba Inu (SHIB) with Recent Launch #SHIBA🔥
Robinhood, the popular American stock and cryptocurrency trading platform, has finally launched its long-awaited Android version of its self-custody crypto wallet. This expansion significantly increases accessibility for crypto enthusiasts who utilize Android devices.
Android Users New Access with SHIB Support
The announcement, made on March 20, 2024, by Robinhood crypto general manager Johann Kerbrat via his official X account, marks a significant milestone for the company’s crypto offerings.
The Android wallet mirrors the functionality of the iOS version launched in 2023, which has seen widespread adoption with hundreds of thousands of downloads across over 140 countries. Importantly, this new Android wallet offers full support for the popular meme coin, Shiba Inu (SHIB).
Robinhood: A Major Holder of Shiba Inu
It’s worth noting that Shiba Inu is a prominent asset within Robinhood’s centralized exchange platform. According to data from Arkham Intelligence, Robinhood users hold a staggering 39.60 trillion SHIB tokens, representing a collective value of over $1.06 billion at the time of writing.
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