Hedera’s native token, HBAR, is now live on Robinhood for trading purposes as per X posts by both parties. The HBAR token is the 16th-largest cryptocurrency by market capitalization. The latest addition means HBAR is now available to trade on the platform alongside other cryptocurrencies such as BTC, ETH, SOL, XRP, DOGE, and many more.
“HBAR is now live on @RobinhoodApp, bridging the gap between 25M+ customers and @Hedera’s native token. As one of the largest retail trading platforms in the world, this marks a pivotal moment for accessibility to the network,” the X post read.
This update comes weeks after Robinhood’s move to gain a foothold in the crypto market by launching stock tokens, revealing a plan for a layer 2 blockchain, and giving EU customers the opportunity to get exposure to the U.S stock market through its platform.
Source: Coinmarketcap.com
At the time of reporting, the HBAR token was trading at $0.2490, up by 0.52% according to CoinMarketCap. Over a 1-year period, HBAR’s value has gone up by 279.58%.
Robinhood shares were trading at $105.35, up by 3.36%.