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Robinhood Markets removes three crypto tokens

June 9, 2023 10:15 AM EDT

The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly

(Reuters) - Robinhood Markets said on Friday it is removing three cryptocurrency tokens from its platform, days after the U.S. securities regulator's crackdown against the industry's biggest exchanges.

Customers will not be able to trade Solana, Cardano or Polygon using Robinhood effective June 27, the online brokerage said.

(Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)



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Cryptocurrency, General News, Reuters