Chainlink’s LINK jumped 4% after the Robinhood app announced the listing of the tokens, adding to the steady recovery in cryptocurrencies.
Robinhood has since added Shiba Inu, Solana, Polygon, and Compound, with Robinhood having cited the trading app’s conservative listing policy.
Dogecoin was listed on the protocol in 2018 alongside Bitcoin, Ethereum, and multiple altcoins.
FTX revealed a 7.6% stake in Robinhood but has since denied claims that it was planning to acquire the financial service firm.
The launch came after Robinhood announced that it was working on its non-custodial cryptocurrency wallet to enable users to manage their cryptocurrencies.
Robinhood has recorded a decline in shares by over 50% from the beginning of the year, following a bearish momentum in cryptocurrency.