Robinhood Delists Solana (SOL), Cardano (ADA), Polygon (MATIC)

Robinhood Delists Solana (SOL), Cardano (ADA), Polygon (MATIC)



Robinhood, a trading firm based in the United States, has made an announcement regarding the removal of Solana (SOL), Cardano (ADA), and Polygon (MATIC) from its platform.



This decision was made in response to the SEC categorizing these cryptocurrencies as securities in the lawsuits against two prominent players in the crypto industry. Robinhood, which has recently expanded into the crypto market, stated that the SEC's classification created an atmosphere of doubt surrounding these assets, prompting the company's team to discontinue their support .



On June 27th, 2023, at 6:59 PM ET, Robinhood made the decision to cease support for the three tokens, ADA, MATIC, and SOL. Any remaining quantities of these cryptocurrencies in users' Robinhood Crypto accounts after the deadline will be sold at their current market value. The resulting


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#Altcoin, #Cardano, #MATIC, #Solana

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