Robinhood lists another memecoin as worries mount about ‘dark side of crypto’ – DL News
- Online broker listed dogwifhat as Pump.go stunts shock crypto industry.
- Dogwifhat has been on a tear this year.
- CZ is latest crypto leader to decry ‘weird’ stunts by memecoin creators.
As a listed company, Robinhood is a tightly regulated online brokerage that often draws scrutiny from lawmakers and consumer finance advocates.
That isn’t deterring the Silicon Valley-based company from deepening its exposure to memecoins just as the segment is exploding with controversy.
On Monday, Robinhood offered up a new one to its 24 million customers — dogwifhat.
Up 60%
Inspired by a meme of a Shiba Inu dog named Archi sporting a pink knitted beanie, dogwifhat has soared in value in the wake of Donald Trump’s victory at the polls on November 5.
The…
