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Could Shiba Inu coin join Robinhood in January?

Could Shiba Inu coin join the huge cryptocurrency trading platform?

An illustration that shows a dog catching a coin.
Could Shiba Inu coin join the huge cryptocurrency trading platform?
Illustration by Alex Cochran, Deseret News

The Shiba Inu cryptocurrency coin might join the Robinhood platform in January 2022, according to a new report.

A Shiba Inu news Twitter account said it had spoken with an insider at Robinhood — who was not named — about the future of Shiba Inu coin.

  • The insider said that executives believe there’s a “possibility” Shib will join Robinhood by January 2022.

Rumors picked up in October that Shiba Inu coin would join Robinhood, a trading app for cryptocurrency and investment app for stocks, as I wrote for the Deseret News. The Robinhood app is widely considered one of the biggest cryptocurrency trading apps for the mainstream.

Shiba Inu coin has already made its way to Coinbase, which is another popular trading platform for cryptocurrency, and Public, a retail trading app that rivals Robinhood. Robinhood is widely seen as the final piece of the puzzle for the crypto token.

That said, Robinhood CEO Christine Brown downplayed the idea of Shiba Inu coin getting listed on Robinhood, according to Benzinga.

  • “The short-term gain we might get (by listing a lot of crypto assets) is not worth the long-term trade-off for our users,” she said.