• Shiba Inu Support Added by Robinhood Competitor

  • According to a Friday announcement, TastyWorks, the brokerage arm of Chicago-based fintech startup Tastytrade, has added support for the Shiba Inu cryptocurrency.

    In early February, the Robinhood competitor launched cryptocurrency trading on its platform. According to CEO Scott Sheridan, the move was motivated by growing customer interest in crypto assets.

    TastyWorks users could trade four cryptocurrencies right away: Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.

    The parent company of the brokerage was purchased for $1 billion in January by British online trading provider IG Group.

    Shiba Inu was listed on Public.com, another Robinhood competitor, in October.

    Earlier this week, Canada’s leading online trading app added the most popular cryptocurrency.

    Shiba Inu is on the rise again, despite a 50% drop from its peak. According to CoinMarketCap data, the price of meme coin has increased by more than 15% in the last 24 hours.

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