Uniswap Token Rallies After Being Added to Robinhood’s Crypto Trading Menu

Offering UNI sent the token higher Thursday afternoon.

By Michael Bellusci

Jul 14, 2022 at 6:17 p.m. UTC

Updated Jul 14, 2022 at 6:42 p.m. UTC

3D low poly rocket. — UNI got major liftoff from its listing on Robinhood's platform. (OsakaWayne Studios/Getty images)

Michael Bellusci

Michael Bellusci is CoinDesk's crypto reporter focused on public companies and digital asset firms.

Follow @mikeybellusci on Twitter

Uniswap's UNI surged nearly 20% in the latest 24-hour period after broker Robinhood Markets (HOOD) added the token to its crypto trading platform.

The decentralized exchange's ERC-20 token boasts a market capitalization of about $4.7 billion, and had about $394 million in trading volume.
Robinhood made the announcement in a Twitter post Thursday. The platform now offers users a total of 13 crypto assets.

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