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Benzinga
Benzinga
Business
Shanthi Rexaline

Robinhood CEO Explains Why He's Resisting Calls For Accepting Shiba Inu

Robinhood Markets, Inc. (NASDAQ:HOOD) is under tremendous pressure to add Shiba Inu (CRYPTO: SHIB) to its tradable instruments list but has so far has not made a final decision on the matter. New information indicates that there could be a plausible reason for the trading app's non-action.

What Happened: The "When Shiba" question was unavoidable for Robinhood executives on their earnings call held late Thursday. In an Q&A session moderated by Irvin Sha, Head of Investor Relations and Capital Markets, the trading app's co-founder and CEO Vlad Tenev gave a round-about answer to this persistent question.

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