Robinhood has officially launched spot trading for SUI, the native utility token of the Layer-1 Sui blockchain developed by Mysten Labs. The announcement was confirmed on Robinhood's official page, marking a significant addition to the platform's cryptocurrency offerings.
This launch comes after a previous premature announcement on the SUI official blog, which was later retracted. The addition of SUI spot trading on Robinhood is expected to increase accessibility and trading volume for the token, aligning with the platform's strategy to expand its cryptocurrency services.
Robinhood Launches SUI Spot Trading on Platform
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