New Robinhood Listing Spurs Benefits for Ethereum-Based Decentralized Exchange Crypto Project – The Daily Hodl
Robinhood is expanding its crypto offerings by adding support for the native asset of decentralized crypto exchange Uniswap (UNI).
This week, the trading giant added support for Uniswap, which was valued at $6.79 at the time of writing, rising nearly 13% over the past seven days, leaving behind a stagnant crypto market.
Robinhood Crypto also provides services for Bitcoin (BTC), Chainlink (LINK), Dogecoin (DOGE), Ethereum (ETH), Polygon (MATIC), Shiba Inu (SHIB), Solana (SOL) and other major crypto projects.
In May, the trading company announced that it was launching a new non-custodial crypto and non-fungible token (NFT) wallet.
Robinhood CEO and co-founder Vlad Tenev said in an interview with CNBC that the wallet will serve as a way to expand access to the decentralized exchange platform and hand over ownership of digital assets to its owners.
“Our primary objective is to provide customers with a great product, the opportunity to not only trade via Robinhood’s centralized exchange, but also to have full control and custody of their keys and help them access decentralized exchanges and swap coins. To do …
Our focus is only on ensuring that this is the way for our customers to access Web 3.0 and maintain our own custody going forward.”
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Featured image: Shutterstock/Profil_zero/WindAwake
