Fintechs.fi

Fintech & Crypto News

Gemini Exchange Adds Support For Shiba Inu (SHIB) – Is Robinhood Next?

Gemini is the latest cryptocurrency exchange to add support for the meme cryptocurrency Shiba Inu (SHIB). Gemini also announced listings for selected DeFi, metaverse, infrastructure, and data management tokens. The pressure for Robinhood to list the Shiba Inu crypto grows.

Gemini the cryptocurrency exchange owned by the Winklewoss brothers, announced its support for the meme cryptocurrency Shiba Inu (SHIB).

According to the announcement:

“We are delighted to announce support for shiba inu (SHIB) as well as a range of new defi, metaverse, infrastructure, and data management tokens.

Shiba inu (SHIB), audius (AUDIO), mask network (MASK), wrapped centrifuge (WCFG), quant (QNT), radicle (RAD), burn (ASH), superrare (RARE), fetch.ai (FET), and numeraire (NMR) are now supported for deposits and custody on Gemini.

We believe these tokens will provide value to our users and will continue to support defi, the budding metaverse, decentralized infrastructure, and data management environments.”

Gemini’s announcement has brought new hope for Shiba inu investors that the trading platform Robinhood will be next to add support SHIB.

Shiba Inu community has been petitioning for Robinhood to list SHIB on Change.org, which has gained more than 531.5K signatures at the time of writing.

Robinhood recently talked about its coin listing strategy, saying that it is in no hurry to add new coins to its platform but did not indicate whether or not it would be listing SHIB.

Another major crypto exchange Coinbase made SHIB available to New York residents early this month in addition to adding some SHIB trading pairs. The Nasdaq-listed crypto exchange has been offering SHIB on its platform for several months.

Kraken exchange faced backlash, after it said on Twitter that it would list the Shiba Inu token, if its tweet got 2K likes. After the SHIB community delivered more than 80K likes, the company walked back on its promise and failed to list SHIB, saying that its process for listing new coins takes a long time.

Leave a Reply

Your email address will not be published. Required fields are marked *