Robinhood HODLs the Line on Worldcoin Right as WLD Takes a 12% Dive 🫥
Robinhood has listed Worldcoin ($WLD) on its crypto trading platform, extending institutional access to Sam Altman's iris-scanning project even as the token's price fell roughly 12% in early U.S. trading hours. The brokerage confirmed the addition through a post on X, allowing its customers to trade the token alongside its existing digital asset lineup.
The price decline comes as the market approaches a scheduled reduction in Worldcoin's token unlock rate next month, a development that has historically influenced supply dynamics for the asset. Worldcoin, the venture co-founded by OpenAI chief executive Sam Altman, has also faced renewed scrutiny over the operations of its Orb biometric verification devices.
Listings on major platforms typically expand visibility and liquidity for digital assets, and the decision by Robinhood signals continued institutional interest in the project. Market participants, however, reacted cautiously, with selling pressure dominating the order book around the time of the announcement.
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