Robinhood Crypto Expands Offering with Solana (SOL), Pepe (PEPE), Cardano (ADA) & XRP (XRP) for U.S. Customers

Today, Robinhood Crypto announced the addition of Solana (SOL), Pepe (PEPE), Cardano (ADA) & XRP (XRP) to its U.S. platform, bringing the total number of cryptocurrencies available for trading to 19. You can see a full list of crypto assets currently available in the U.S. here. 

“We’ve consistently heard from our customers that they want access to more digital assets, and we’re excited to continue expanding our crypto offering,” said Johann Kerbrat, VP and GM of Robinhood Crypto. “With lower barriers to entry, we believe crypto presents an opportunity for those who have been historically left behind by the traditional financial system.”

A Safety-First Approach

Robinhood Crypto’s listing committee regularly reviews cryptocurrencies to determine if they meet the requirements under our internal policies and procedures for listing and continued support on the Robinhood Crypto platform.

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For the latest updates on Robinhood Crypto visit [Robinhood’s website]) or follow us on (@RobinhoodApp) 

Disclosures: 

Robinhood Crypto, LLC (NMLS ID 1702840) provides cryptocurrency trading services. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected. Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Please review a list of our licenses for more information.

Cautionary Note Regarding Forward-Looking Statements

This blog post contains forward-looking statements regarding Robinhood Crypto, LLC, a wholly owned subsidiary of Robinhood Markets, Inc. (together with its consolidated subsidiaries, “we,” “Robinhood,” or the “Company”) and our strategic and operational plans, including (among others) statements that we’re excited to continue expanding our crypto offering and that with low barriers to entry we believe crypto presents an opportunity for those who have been historically left behind by the traditional financial system. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “believe,” “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions. Our forward-looking statements are subject to a number of known and unknown risks, uncertainties, assumptions, and other factors that may cause our actual future results, performance, or achievements to differ materially from any future results expressed or implied in this blog post. Reported results should not be considered an indication of future performance. Factors that contribute to the uncertain nature of our forward looking statements include, among others: the impact of negative publicity on our brand and reputation; the risk that changes in business, economic, or political conditions that impact the global financial markets, or a systemic market event, might harm our business; the difficulty of complying with an extensive, complex, and changing regulatory environment and the need to adjust our business model in response to new or modified laws and regulations; the possibility of adverse developments in pending litigation and regulatory investigations; the effects of competition; our need to innovate and invest in new products, services, technologies, and geographies in order to attract and retain customers and deepen their engagement with us in order to maintain growth; our need as a regulated financial services company to develop and maintain effective compliance and risk management infrastructures; and the volatility of cryptocurrency prices and trading volumes. Because some of these risks and uncertainties cannot be predicted or quantified and some are beyond our control, you should not rely on our forward-looking statements as predictions of future events. More information about potential risks and uncertainties that could affect our business and financial results can be found in Part II, Item 1A of our Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, as well as in our other filings with the SEC, all of which are available on the SEC’s web site at www.sec.gov. Moreover, we operate in a very competitive and rapidly changing environment; new risks and uncertainties may emerge from time to time, and it is not possible for us to predict all risks nor identify all uncertainties. The events and circumstances reflected in our forward-looking statements might not be achieved and actual results could differ materially from those projected in the forward-looking statements. Except as otherwise noted, all forward-looking statements are made as of the date of this blog post, November 13, 2024, and are based on information and estimates available to us at this time. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we cannot guarantee future results, performance, or achievements. Except as required by law, Robinhood assumes no obligation to update any of the statements in this blog post whether as a result of any new information, future events, changed circumstances, or otherwise. You should read this blog post with the understanding that our actual future results, performance, events, and circumstances might be materially different from what we expect.