Robinhood lists solana meme coin dogwifhat as regulatory landscape sees signs of a thaw

Move over, shiba inu. There’s a new dog in town.

Robinhood Markets said Monday that it has added dogwifhat to its platform. The solana-based meme coin was launched in late 2023, and has grown to a more than $3 billion market cap.

The coin’s price spiked after the announcement, but has since cooled.

(Sherwood Media is an editorially independent subsidiary of Robinhood.)

The listing comes less than two weeks after Robinhood added four tokens — solana, pepe, cardano, and XRP — to its US platform. It follows shortly on the heels of President-elect Trump’s pro-crypto campaign and news of SEC Chair Gary Gensler’s planned resignation.

It suggests a possible shift in brokerages’ approach to the type of coins they’d considering offering to US customers. As recently as 2023, Robinhood delisted solana and cardano, telling customers there was a “cloud of uncertainty around these assets.”