© Reuters. The emblem of Robinhood Markets, Inc. is seen at a pop-up occasion on Wall Avenue after the corporate’s IPO in New York Metropolis, U.S., July 29, 2021. REUTERS/Andrew Kelly/File Picture
(Reuters) – Buying and selling app operator Robinhood Markets Inc (NASDAQ:) is launching commission-free crypto buying and selling within the European Union, Bloomberg Information reported on Thursday.
The app, which is able to go dwell on Thursday, will enable European traders to purchase and promote greater than 25 cryptocurrencies, together with , Ether and ‘s SOL, Robinhood’s Crypto normal supervisor Johann Kerbrat informed Bloomberg in an interview.
Robinhood didn’t instantly reply to a Reuters’ request for remark.
The launch comes per week after Robinhood introduced it’ll roll out brokerage providers within the UK as a part of a global growth plan to “democratise finance” and enhance entry to markets.
The Silicon Valley-based firm doesn’t have any imminent plans to supply its crypto providers to UK traders, Kerbrat stated within the interview, citing a scarcity of regulatory readability round digital belongings within the nation.
