Robinhood to delist Solana Polygon Ada

price drop

Robinhood, a major US investment app, announced on the 9th that it will delist Solana (SOL), Polygon (MATIC) and Ada (ADA). Specifically, it will be listed on June 27th at 6:59 PM ET.

The move comes as the SEC filed a lawsuit this week over Binance and Coinbase offering unregistered securities. Robinhood is reviewing its treatment of tokens that the SEC deems unregistered securities after lawsuits from other companies.

connectionUS Robinhood considers review of listed tokens following lawsuit against Coinbase and Binance

Stocks listed by the SEC so far include Solana (SOL), Ada (ADA), Polygon (MATIC), The Sandbox (SAND), Chillies (CHZ), Cosmos (ATOM), NEAR, Dash ( DASH), Algorand (ALGO), Binance Coin (BNB), Internet Computer (ICP), COTI, AXS, MANA, FIL, FLOW, VGX, NEXO, BUSD. SOL, ADA, and MATIC are stocks that are also offered on Robinhood.

If the above three issues are delisted, Robinhood will only support BTC, ETH, LTC ETC, BSV, BCH, DOGE, SHIB, COMP, LINK, UNI, AVAX, XLM, USDC, XTZ, and AAVE.

connection: US SEC sues Binance and Mr. CZ Claiming many virtual currency stocks as securities

The three stocks mentioned above have continued to fall sharply.

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