Robinhood & Shiba Inu Listing: Here’s How CEO Vlad Tenev Reacted

Vinod Dsouza
robinhood shiba inu
Source: Pixabay

Shiba Inu is listed on 99 different trading platforms around the world and all top exchanges allow their users to trade SHIB. Vivid Money was the 99th exchange to get the token onboard and Europe’s leading platform Bitstamp might be the 100th. Nonetheless, investors are looking forward to Robinhood being the 100th exchange to list Shiba Inu. They believe they might announce a listing after their much-awaited ‘crypto wallet’ is released.

Bitstamp had announced listing Shiba Inu in December last year but didn’t get it on board due to ”technical issues”. However, the exchange confirmed they would list the token after resolving the issues. Bitstamp has not given a tentative timeline to get SHIB onboard yet.

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Here’s How Robinhood CEO Vlad Tenev Had Reacted Previously When Asked About Listing Shiba Inu

Robinhood CEO Vlad Tenev was first confronted on live television during a segment with Jim Cramer in CNBC’s ‘Mad Money’. Cramer straightforward asked Tenev in October last year, that people are talking about SHIB and Robinhood on social media. “People are chatting about Shiba. Do you see Shiba being traded (on your platform)?”

Tenev seemed to be taken aback by the question and maintained a pause while giving out a smile. He answered, ”We only offer seven coins currently and I think it goes back to safety first. So we’re not generally going to be the first to add any new asset. We want to make sure that it goes through a stringent set of criteria.”

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The CEO did not confirm that Robinhood will list Shiba Inu but that was the first time he spoke about the token publicly on television.

Vlad Tenev on Robinhood Listing: January 2022

Vlad Tenev and Irvin Sha, Head of Investor Relations and Capital Markets at Robinhood, attended an online event about the company’s quarterly returns. The team had a session at the end and read out a few questions from users.

Irvin read out an interesting question that came from users named Zachary W and Israh B. While the question was about ‘If Robinhood plans to add more cryptos’, it boiled down to the one crypto and the question remained, “list Shiba Inu, Vlad?”

Read Also: Shiba Inu Might Crash Robinhood App the Day it Gets Listed on the Exchange

Vlad did not specifically mention Shiba Inu by name but said, “So we’ve been hearing from customers loudly. We know they want more cryptocurrencies on the platform, and we’ve actually been proactively engaging with regulators.”