Robinhood’s Chief Operating Officer, Christine Brown has praised the Shiba-Inu community but said the security of the platform takes precedence over “short-term gain.” the listing of new tokens.
Brown made these comments in an interview for the Crypto Goes mainstream event. streamed live on YouTube on Tuesday. When asked about Shiba Inu (SHIB) he said:
“One of my favorite things to do is to see how the community around these coins really gets involved with us and shares their wishes with us.”
Nevertheless, Brown declined to comment on whether the U.S. stock and cryptocurrency trading app would add Shiba Inu to its list.. SHIB is currently the eleventh largest cryptocurrency with a market capitalization of $ 30 billion.
The community has stepped up a campaign to convince Robinhood to use SHIB. to be included in the list, and a petition from Change.org has already garnered more than half a million signatures.
Brown stated that Robinhood is a “safety priority company” and that it is carefully evaluating the regulatory feasibility of its offerings..
“Our strategy is different from many other players out there who are quickly listing as many assets as possible right now.“, called.
“We believe that the short-term gain for us is not worth the long-term compensation for our users.”
Brown also announced that Robinhood’s cryptocurrency wallet waiting list has exceeded 1.6 million users. Once launched, the cryptocurrency wallet will finally allow users to move cryptocurrencies to and from the platform. The high demand suggests that users are eager to take control of their coins.
SHIB is priced at $ 0.00005430 on CoinGecko and has been in a downtrend since Nov 3rdwhen a wallet containing approximately $ 5.7 billion of the token returned to show movement.