Robinhood to Set Record Straight on Rumored Shiba Inu Listing During Today’s Earnings Call

Robinhood to Set Record Straight on Rumored Shiba Inu Listing During Today's Earnings Call

Will Robinhood list Shiba Inu? This question is top of mind for individual investors who are waiting for the company’s earnings call

According to investor communications platform Say Technologies, the top question submitted by Robinhood investors ahead of the company’s Q3 earnings call is whether or not the online brokerage app plans to list the Shiba Inu cryptocurrency.

Proponents of the potential listing claim that the company’s reluctance to add new cryptocurrencies new crypto assets might hurt its revenue:

Many of the competitors have added various cryptocurrencies to buy and sell, yet Robinhood hasn’t added any new cryptocurrencies in over two years.

In the second quarter, Dogecoin transactions accounted for 34% of all transactions.

Robinhood, which claims to be at the forefront of democratizing finance, started answering some of the top-voted questions submitted by investors during its Q2 earnings call.

All inquiries are submitted through Say Technologies, which Robinhood acquired in early August.

Change.org petition to add Shiba Inu to Robinhood has reached 324,000 signatures.

Last week, CEO Vladimir Tenev avoided directly answering the question about the hottest meme token.

Original Source :u.today

Want to know how to start investing in Cryptocurrencies and Stocks? Click here and get more information about the top investing platform available.

Want to receive the latest stock and cryptocurrency news and investing ideas that can help you make money ?! Subscribe to our newsletter. Enter your email below and hit the subscribe button.

Want to know how to start investing in Cryptocurrencies and Stocks? Click here and get more information about the top investing platform available.

If you want professional consultation regarding stock or cryptocurrency investing leave your information below and experts from our trusted partners will reach out to you

Subscribe

* indicates required
Buy crypto instantly on Uphold