Robinhood Launches: Sui Enters Its Nasdaq Moment The well-known online brokerage Robinhood, which rose to prominence during the Dogecoin frenzy and the GameStop short squeeze in 2021, previously known as the retail investor's haven, has announced the launch of spot trading for the emerging public chain project Sui. Starting August 19, U.S. users can directly purchase Sui through Robinhood @RobinhoodApp, a move that has garnered attention in the industry. As a U.S.-based brokerage, Robinhood initially only supported assets with the highest market capitalization and broad consensus, such as Bitcoin and Ethereum, and gradually added a few other tokens, including Dogecoin and Solana. All listed assets meet one of three selection criteria: they are either cornerstone assets in the crypto market, have a certain level of mainstream recognition, or possess leading technology or a thriving ecosystem. More importantly, Robinhood needs to ensure that the compliance risks of the listed...
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