Robinhood COO praises Shiba Inu as crypto wallet waitlist grows to 1.6M

Robinhood chief operating officer Christine Brown has praised the Shiba Inu community but said safety was the platform’s priority over the “short-term gain” of listing new tokens.Brown made the comments in an interview for the Crypto Goes Mainstream event streamed live on YouTube on Tuesday. When asked about Shiba Inu (SHIB) she said:However, Brown would not be drawn on whether the American stock and crypto trading app would list Shiba Inu. SHIB is currently the 11th-largest cryptocurrency with a market capitalization of $30 billion.The community has stepped up a campaign to convince Robinhood to list SHIB, and a petition has now obtained more than half a million signatures. Brown stated that Robinhood is a “safety-first company” that closely assesses the regulatory feasibility of its listings.“Our strategy is different than a lot of the other players out there who are racing to list as many assets as possible right now,” she said. Brown also revealed that Robinhood’s crypto wallet waitlist has surpassed 1.6 million users. When launched, the crypto wallet will finally allow users to move cryptocurrencies on and off the platform. The high demand indicates users are eager to gain control over their coins. Related: Next generation of crypto millionaires: SHIB allows warehouse manager to retireSHIB is priced at $0.00005430 on CoinGecko and has been on a downtrend since Nov. 3 when a wallet holding about $5.7 billion of the token sprang back to life.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button