Robinhood has confirmed that Chainlink is now out there for buying and selling
Chainlink (LINK) has been listed on common inventory buying and selling app Robinhood. The publicly traded firm has officially confirmed the itemizing even after the coin began exhibiting up on its web site.
The worth of the LINK token has added greater than 4% in response to the itemizing, based on knowledge supplied by CoinMarketCap. It’s the twenty second greatest token by market capitalization.
As reported by U.At this time, Robinhood added help for Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC) and Compound (COMP). Previous to that, the corporate’s key executives touted the buying and selling app’s conservative itemizing coverage.
Meme coin Dogecoin grew to become out there on the platform all the best way again in 2018, along with Bitcoin, Ethereum and a number of other different main altcoins.
On Monday, a Bloomberg report said that cryptocurrency big FTX was mulling over buying Robinhood. Nonetheless, the change, which is helmed by billionaire Sam Bankman-Fried, swiftly denied these rumors.
In Might, Bankman-Fried disclosed a 7.6% stake within the firm, which made the corporate’s shares soar by greater than 40% in a single day.
Robinhood additionally introduced the launch of its personal noncustodial cryptocurrency pockets, permitting customers to handle their cryptocurrencies themselves.
Shares of Robinhood have declined greater than 50% for the reason that begin of the yr as a result of declining person progress brought on by the market downturn. Its shares are down but once more in premarket buying and selling after FTX denied the rumored acquisition deal.
In keeping with a report printed by the Home Committee on Monetary Companies earlier this week, the corporate was on the verge of imploding throughout the GameStop saga in early 2021.
