Robinhood adds BNB trading as Binance’s token runs up a $150 billion market cap
Robinhood has listed Binance's BNB token, granting access to its 27 million customers amid BNB's significant price rally.Summary
Robinhood has added support for Binance's native BNB token, making the world's fourth-largest digital asset available to its approximately 27 million funded customers. This listing follows a substantial rally for BNB, which climbed from around $500 in February to an all-time high above $1,350 this month, coinciding with a period dubbed "BNB SZN" driven by high volumes on PancakeSwap and memecoin activity. BNB is currently trading near $1,070 with a market capitalization just under $150 billion. This move signals broader acceptance of the Binance ecosystem among U.S. exchanges, following Coinbase's recent addition of BNB to its listing roadmap. Robinhood continues to prioritize digital assets as a key revenue source, expanding into tokenization, with CEO Vlad Tenev emphasizing that tokenization "can't be stopped."
(Source：The Block)