Gemini, a popular exchange founded in 2015 by Cameron and Tyler Winklevoss, has added the crypto currency Shiba Inu to its platform.
Meme coin added by Gemini
In addition to SHIB, the exchange has also listed a slew of other tokens from the decentralized financial ecosystem. These include Quant (QNT), Fetch AI (FET), and Radicle (RAD).
The Winklevoss twins’ exchange embraced Dogecoin in May and quickly became a major player in the crypto market. Coinbase and Binance.US already listed Shiba Inu in October.
Earlier this week, SHIB also became available on Gemini .’s app
Kraken and Robinhood stay on the sidelines
In the meantime, Kraken today also hinted at the possible listing of Shiba Inu. In fact, Brian Hoffman, Kraken’s lead product manager, tweeted a Shiba Inu GIF titled: ‘a good feeling about this coming week’.
Feeling good about this upcoming week pic.twitter.com/j5aWK67T9J
— brian hoffman 🎸🥃🍕🐙 (@brianchoffman) Nov 15, 2021
So it really looks like the SHIB token will be added to the platform soon.
On the Robinhood side, however, things remain a lot quieter. Despite the 531,000-signed petition to add the token, there seems to be no indication that the token will be added to the popular trading app any time soon.
The COO, Christine Brown, said the gains from adding the coins may not be worth it in the long run.
We don’t think the short-term gains we can make are worth the long-term tradeoff. We want to make sure we work and review everything from a regulatory perspective. And we are a “safety first” company. That’s how we’re going to play it.