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Robinhood Exchange Backs New Coins

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Thu, 16/08/2018 - 8:05
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Robinhood Exchange Backs New Coins
Cover image via U.Today
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The coins listed by Swarm, working in the sphere of crypto trading, give users a legal way to buy shares of the Robinhood app that trades crypto. Even though the latter does not plan to sell their securities, Swarm, reportedly, has found a way to use its shares.

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They achieved this by making deals with brokers– the startup got access to the shares belonging to ex-Robinhood workers who wish to sell them. Swarm claims it does not need Robinhood’s permission to do that.

The Robinhood app team, reportedly, has never heard of Swarm and its plans.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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