Trading app Robinhood announced that it is enabling transfers for all listed crypto-assets on its platform. The app said it will now support transfers of major cryptocurrencies like Bitcoin, Polygon, and Shiba Inu.
Robinhood tweeted, “Crypto transfers are here. You can now send and receive all listed crypto assets on Robinhood: http://rbnhd.co/crypto-list.” Robinhood’s stock price, which has been performing poorly in recent times, went up by nearly 5% since the announcement on Thursday.
All Robinhood users that signed for WebWallets waitlist will now be eligible to trade all cryptocurrencies available on the platform.
Major Bump For Polygon, Shiba Inu
Polygon announced on Twitter that the $MATIC ERC20 token’s withdrawal and deposit are now available on the Robinhood app. Polygon also announced that Reddit will launch an NFT marketplace on Polygon.
There is a lot of enthusiasm in the Polygon community over the recent updates in the ecosystem. Sandeep, the co-founder of 0xPolygon, stated on Twitter that his goal is to make Polygon one of the most impactful blockchain ecosystems, only behind Bitcoin and Ethereum. Polygon’s price is up by over 10% at $0.5743 in the last 24 hours.
