Why Robinhood, Blockchain.com ‘can’t just go out and list Shiba Inu tomorrow’
Blockchain.com Co-founder and CEO Peter Smith noted in a recent interview that the consumer-facing crypto-business has grown rapidly this year. Here, it’s worth noting that the U.K-based company had shared figures of $1.5 billion year-to-date (YTD) in revenue just last month.
However, despite strong growth and the company’s focus on the consumer side of the business, Blockchain.com CEO is unable to immediately list new tokens like Shiba Inu. He explained,
“We can’t just go out and add Shiba tomorrow, or put 100x leverage on.”
The exec went on to add that Blockchain.com holds licenses in jurisdictions globally, and functions as an “onshore regulated company.” According to him,
“I think almost all of the legitimate volume in the crypto-space will
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