Robinhood CEO Dodges Question About Shiba Inu Listing

Robinhood

Robinhood CEO Vladimir Tenev says he heard from the Shiba Inu community

Robinhood CEO Vladimir Tenev addressed a swirl of rumors surrounding Shiba Inu during his Oct. 21 appearance on CNBC’s “Mad Money.”

When Jim Cramer, the show’s host, asked if the leading online trading app intended to list the canine meme token, Teven said he heard from a lot of people in that community.

Yet, he seemingly dodged the question and refused either to confirm or deny that the listing is indeed going to happen, prompting even more speculation.

“Safety first”

After an awkward pause, Teven went on to mention that Robinhood only offered seven pieces and stressed that the company puts safety first:

I think it goes back to safety first. We are not generally going to be the first to add any new asset. We want to make sure that it goes through a strict set of criteria.

As reported by U.Today, Robinhood competitor Public.com added support for Shiba Inu earlier this month.

Coinbase, the premier crypto exchange in the United States, added support for SHIB in September.

285 000 signatures 

In the meantime, a Change.org petition to post the Shiba Inu cryptocurrency on Robinhood has now surpassed 285,000 signatures.

Tenev’s recent comment comes after the online brokerage firm denied making an announcement about SHIB’s listing, debunking rumors on Twitter.

With that being said, Robinhood didn’t explicitly state that it wasn’t intending to list Shiba Inu in the future.

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