Which one is your favorite?
XRP and ADA have been re-listed on Robinhood, along with Solana (SOL) and PEPE, as part of the platform's efforts to expand its crypto offerings.¹ This move is likely a response to customer demand, as Robinhood's VP and GM of Crypto, Johann Kerbrat, mentioned that users have been asking for access to more digital assets. The re-listing comes after a review of the cryptocurrencies by Robinhood's listing committee, which ensures they meet the platform's internal policies and procedures.
It's worth noting that Robinhood had previously de-listed SOL, ADA, and MATIC in June last year, forcing users to sell their holdings at a lower price.² The re-listing has sparked mixed reactions, with some users expressing frustration over the previous de-listing and others welcoming the addition of new assets.
*Re-listed Cryptocurrencies:*
- _XRP (XRP)_: A popular cryptocurrency with a strong focus on cross-border payments
- _Cardano (ADA)_: A proof-of-stake blockchain platform with a focus on sustainability and scalability
- _Solana (SOL)_: A fast and scalable blockchain platform with a focus on decentralized applications
- _PEPE_: A relatively new cryptocurrency with a growing community and use cases
The re-listing is expected to provide more opportunities for Robinhood users to diversify their portfolios and access a broader range of cryptocurrencies.
#kai