Robinhood Adds Aave and Tezos to Platform

Markets

Fintech trading app Robinhood (HOOD) has added support for cryptocurrencies Aave (AAVE) and Tezos (XTZ) to its platform, the company announced via Twitter.

  • The native crypto currency of decentralized lending platform Aave, AAVE has gained 7% over the past 24 hours and is up 18% in October. The token remains lower by about 75% over the past year.
  • XTZ is little-changed today and down modestly for the month of October. It's also lost roughly 75% of its value over the past year. An open-source smart contract platform used to issue new digital assets and create decentralized applications (dapps), Tezos recently announced a partnership with Shopify.
  • Robinhood now offers 19 crypto tokens for trading on its app, bitcoin (BTC), ether (ETH), Solana's (SOL) and Polkadot's (DOT) among them.

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