Robinhood announced that it has listed XTZ and AAVE.
The application, which is known for allowing commission-free trading, is increasing the number of cryptocurrencies it lists day by day.
Robinhood Increases Crypto Support
The commission-free trading platform announced that Tezos has added support for AAVE with its native token XTZ.
Following the development, XTZ increased by 1.6%, according to CoinGecko data, while AAVE experienced a larger rise of 6.1%.
The company first added support for the cryptocurrency after its bull rally in 2017. The company also made big gains from the Dogecoin craze in 2021. However, later, with the crisis experienced by the crypto markets, their revenues decreased significantly.
Although Robinhood avoided listing new cryptocurrencies for many years, it changed its stance in 2022. The company announced last September that it has added support for Cardano’s native token, ADA.
The company announced earlier this year that it has also listed SHIB, MATIC, SOL, COMP and LINK.
The company also announced the release of a beta version of its Web3 wallet last September. The wallet was first made available to the first 10,000 people who signed up for the waitlist.
