Robinhood Adds Tokens to Offering for US Crypto Clients
Retail brokerage Robinhood Markets Inc. is adding cryptocurrencies Solana, Cardano, XRP and Pepe to its slate of tokens available for US users, as optimism in digital asset markets surges following Donald Trump’s election victory.
Memecoin Pepe —which is based on a cartoon frog— soared 51% to $0.000019 following Robinhood’s announcement on Wednesday, according to CoinGecko. Robinhood had previously removed Solana and Cardano from its platform after the US Securities and Exchange Commission filed lawsuits against crypto trading firms alleging these tokens were unregistered securities.
