Robinhood Adds Aave and Tezos
Trading app RobinHood has added crypto-currencies Tezos (XTZ) and Aave (AAVE), allowing users to buy and sell the tokens on its platform.
The company tweeted the announcement on Monday, linking to a webpage showing the crypto that was recently listed on Robinhood.
Tezos is a proof-of-interest blockchain network, while Aave is a decentralized lending protocol. Both of their native tokens have market caps of over $1 billion.
At the time of writing, the price of AAVE was up about 5% on the day, per CoinGecko, but XTZ remained relatively unmoved.
These are the latest crypto assets added to Robinhood, which has 18.7 million monthly active users.
The company has added a number of new coins this year, including Polygon, Solanaand avalanche. Today's addition brings the total offering on the platform to 19 crypto assets.