Business

Robinhood COO Praises Shiba Inu, Waiting List For Platform’s Crypto Wallet Reaches 1.6 Million

Robinhood’s chief operating officer, Christine Brown has praised the Shiba Inu community, but said that safety is the platform’s priority over “short-term profit.” of the quotation of new tokens.

Brown made these comments in an interview for the Crypto Goes Mainstream event. streamed live on YouTube on Tuesday. When asked about Shiba Inu (SHIB) he said:

“One of my favorite things is seeing the community around these coins really engage with us and let us know what they want.”

Nevertheless, Brown declined to comment on whether the U.S. equity and cryptocurrency trading app would include Shiba Inu on its list.. 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 Change.org petition has already garnered more than half a million signatures.

Brown declared that Robinhood is a “company that prioritizes safety” and that it carefully evaluates the regulatory viability of its quotes..

Our strategy is different from many of the other players out there who are quick to list as many assets as possible at the moment.“, said.

“We believe that the short-term gain for us is not worth the long-term compensation for our users.”

Brown also revealed that Robinhood’s cryptocurrency wallet waiting list has surpassed 1.6 million users. When launched, the cryptocurrency wallet will finally allow users to move cryptocurrencies on and off the platform. High demand indicates that users are eager to gain control of their coins.

SHIB is priced at $ 0.00005430 on CoinGecko and has been in a downtrend since Nov 3, when a wallet that contained around 5.7 billion dollars of the token returned to show movement.

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HELEN HERNANDEZ

Helen Hernandez is our best writer. Helen writes about social news and celebrity gossip. She loves watching movies since childhood. Email: Helen@oicanadian.com Phone : +1 281-333-2229

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