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Could Shiba Inu be Soon on Robinhood? See What Vlad Said In Todays Earnings Call

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RobinHood
(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

So, many people in the Shibarmy are tired of saying “Wen Robinhood”. This time it actually seems promising. RobinHood’s earnings have been dropping for multiple reasons but what many people believe is that being last to add major cryptos, including SHIBA INU, has been the major cause for the downward spiral.

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In today’s meeting VT as asked by Irvin Sha the following:

“Great. Next, we have some questions on adding new crypto coins to the platform from Zachary W and Israh B. The general question is, does Robinhood plan to open trading to other cryptocurrencies? And are we going to list Shiba Inu. Vlad?”

The answer that was given by Vlad Tenev was the following:

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“So we’ve been hearing from customers loudly. We know they want more cryptocurrencies on the platform, and we’ve actually been proactively engaging with regulators. So the main concern with adding a large number of coins is that platforms that are adding lots of them could be adding unregistered securities. So they’re watching the space closely. We’re being deliberate. We want to avoid triggering SEC registration requirements for cryptocurrencies. That said, we have robust protocols in place. We feel very confident about the coins that we have on the platform, and we intend to add more coins going forward that we want to do it prudently.”

Many are now saying on Wallstreet and Beyond that, the first crypto that will be added is the SHIBA INU COIN. This is because of the rate of growth the Shiba community has, more companies now accepting SHIB as a mainstream currency, and all of the projects in the works by the development team led by Shytoshi Kusama.

It seems that this may finally be happening soon. This will be good news for those in the SHIBARMY but even better news for the future Growth of RobinHood (HOOD)

To read the entire transcript of today’s earning meeting you can go here

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