Robinhood Adds Aave and Tezos to Platform

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.