Toronto-based online crypto-asset trading platform Wealthsimple announced on Thursday that it has listed the Shiba Inu.
Wealthsimple entered the cryptocurrency trading business in July 2020, establishing its subsidiary Wealthsimple Digital Assets. Initially, they allowed trading with Bitcoin and Ethereum.
In June, the company received approval from the Ontario Securities Commission (OSC) to expand its range of cryptocurrencies. It then listed 14 new digital assets, including Solana, Cardano, and Dogecoin.
Last month, the company added cryptocurrency-based exchange-traded funds to its retirement plans.
Wealthsimple has over 1.5 million users
Founded in 2014, the popular online trading platform has come under criticism for not allowing users to withdraw cryptocurrencies to other wallets, the same goes for Robinhood. Customers of the platform, which has more than 1.5 million users, can only trade cryptocurrencies within the app.