Robinhood Adds Uniswap (UNI) Token To Its Trading App

Robinhood Lists UNI
Pivot Towards Crypto Sector

Stock and crypto trading app Robinhood has announced the listing of Uniswap's UNI token. The token has since climbed to nearly 14% in the last 24 hours after getting listed on the trading platform.

Robinhood Lists UNI

On Thursday, Robinhood announced that it has listed UNI Token on its trading app. With the latest addition, the platform now offers users a total of 13 crypto assets.

Robinhood initially added support for zero-fee crypto trading back in February 2018. At the time, the platform only added leading cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). Later, it also added support for several altcoins, including meme cryptocurrency Dogecoin.

In April, the trading and investing company listed Polygon (MATIC), Solana (SOL), and Compound (COMP) together with meme coin Shiba Inu. In late June, it also listed Chainlink (LINK) on its list of crypto.

Pivot Towards Crypto Sector

Robinhood was launched back in 2013 but attracted plenty of mainstream attention during the GameStop saga in early 2021. It also benefited from the Dogecoin mania which contributed to a huge boost in the company's revenue.

In June, reports surfaced that Sam Bankman-Fried-founded FTX was seeking to acquire Robinhood, but the cryptocurrency exchange denied that there was no such deal in the making.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

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Robinhood Adds Uniswap (UNI) Token To Its Trading App

Jafrin Ahmed

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.