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Robinhood – The World’s Most Popular Trading App, Lists Tezos

Robinhood

Robinhood, the world’s most popular trading app with over 22.9 million users and with over 15 million people using it as their primary platform has listed Tezos. 

Robinhood is primarily a platform for people to trade stocks, however the company opened up their app to cryptocurrencies in early 2018  with only Bitcoin and Ethereum listed at that time.

Now, the Robinhood platform offers 19 cryptocurrencies with the additions of XTZ and AAVE. 

According to Statista, the number of users on the platform has seen dramatic growth over recent years. Even though the app didn’t launch until mid-2015, the number of users has grown from 1 million in 2016, to  22.9 million in Q2, 2022. 

In 2021, Robinhood CEO Vladamir Tenev stated:

“We feel very very good about the coins that we’re currently listing on our platform and any new coins that we add we want to feel equally, if not more good.” 

The addition of Tezos, therefore, shows the good light in which the company sees the progression of the blockchain and at the same time opens up the trading of the cryptocurrency to millions more users.