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Robinhood's Crypto Customers Can Now Trade Aave and Tezos
The popular trading app now offers 19 crypto assets.
Trading app Robinhood Markets (HOOD) has added support for cryptocurrencies aave (AAVE) and tezos (XTZ) to its platform, the company announced on Twitter on Monday.
- The native crypto currency of decentralized lending platform Aave, AAVE, has gained 7% over the past 24 hours and is up 18% in October. The token is down 75% over the past year.
- XTZ was little changed on Monday and is down modestly this month. It has also dropped roughly 75% over the past year. An open-source smart contract platform used to issue new digital assets and create decentralized applications (dapps), Tezos recently announced a partnership with Shopify.
- Robinhood now offers 19 crypto tokens for trading on its app, including bitcoin (BTC), ether (ETH), Solana's SOL and Polkadot's DOT.
Helene Braun
Helene is a New York-based news reporter at CoinDesk, covering news about Wall Street, the rise of the spot bitcoin exchange-traded funds (ETFs) and updates on crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show on Spotify and Youtube. Helene is a recent graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
