Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Chainlink (LINK) Is Now Listed On Robinhood

Cryptocurrency Jun 29, 2022 02:00AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Chainlink (LINK) Is Now Listed On Robinhood

    • Robinhood, a popular stock market platform, now supports trading Chainlink (LINK).
    • Since listing COMP, MATIC, SOL, and SHIB in April, this is the first time the platform has added new tokens.
    • Sam Bankman-Fried revealed a 7.6% stake in the firm last month, causing a 40% one-day stock price jump.

The prominent stock exchange platform, Robinhood, has officially added support for trading Chainlink (LINK). After the crypto began to appear on the platform’s website, the publicly listed corporation formally acknowledged that it would be adding support for the listing.

According to the statistics given by the analytics platform, CoinGecko, the price of the LINK token has increased by over 5% as a direct result of the listing. At the moment, its total market capitalization places it in 22nd place among all tokens.

Since the middle of April, when Robinhood tokens such as Compound (COMP), Polygon (MATIC), Solana (SOL), and Shiba Inu (SHIB), this is the first time the platform has listed new tokens.

The cryptocurrencies presently featured on Robinhood include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ethereum Classic (ETC), Bitcoin Cash (BCH), Dogecoin (DOGE), Bitcoin SV (BSV), Polygon (MATIC), Shiba Inu (SHIB), Compound (COMP), and Solana (SOL).

In related news, just last month, Sam Bankman-Fried announced a 7.6% stake in Robinhood and it caused a spike in the price of the company’s shares of stock by more than 40% in a single day.

According to recent speculations, the FTX cryptocurrency exchange, which is owned and operated by Sam Bankman-Fried, is investigating the possibility of acquiring Robinhood Markets Inc (NASDAQ:HOOD).

However, Bankman-Fried denied these reports saying that:

We are excited about Robinhood’s business prospects and potential ways we could partner with them. That being said, there are no active M&A conversations with Robinhood.

Continue reading on CoinQuora

Chainlink (LINK) Is Now Listed On Robinhood
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email