- Robinhood now helps RENDER, enabling Euro buying and selling for the Render Network’s GPU-sharing ecosystem.
- RENDER, a key participant in decentralized GPU networks, good points publicity with Robinhood’s newest crypto additions.
- Robinhood’s expanded portfolio, together with RENDER, highlights its push to draw crypto and artistic tech fans.
Robinhood Crypto has launched RENDER buying and selling to the European market. Traders can commerce RENDER towards Euros, enabling them to put money into Render Token instantly. This announcement marks a step ahead for the platform in serving a wider viewers by supporting extra currencies.
You can commerce $RENDER with Euros on Robinhood Crypto!
Find our full checklist of supported crypto right here:https://t.co/7RPwXtY9Dm
— Robinhood Crypto EU (@RobinhoodCrypto) November 28, 2024
Render Network, launched in April 2020, is constructed on the Solana blockchain. It permits customers to lease out spare GPU computational energy in exchange for compensation via Render Tokens. This distributed GPU community goals to offer cost-effective, cloud-like computing providers to creatives and companies.
A Platform for Creativity and Innovation
Render’s expertise primarily helps video rendering, providing a decentralized answer for resource-intensive duties. Beyond video rendering, its GPU sources are utilized for varied functions, together with synthetic intelligence (AI) coaching, gaming improvement, and internet hosting providers. These capabilities make Render a flexible instrument for digital creatives.
Render’s computational energy has already been instrumental in producing high-quality content material. Projects embrace music movies for digital artist deadmau5 and promotional content material for the NBA playoff season. The platform’s tech has additionally been used to create visuals for the Las Vegas Sphere, showcasing its means to help large-scale artistic endeavors.
Robinhood Adds New Tokens to Crypto Offerings
Robinhood has not too long ago expanded its cryptocurrency choices by relisting standard tokens and including new ones. On November 13, 2024, Robinhood relisted Solana (SOL), Cardano (ADA), and Ripple (XRP), which had been eliminated earlier as a consequence of regulatory issues. Additionally, the meme coin PEPE was launched to the platform, marking a big enlargement of its crypto portfolio to 19 tokens.
Earlier in November, Robinhood additionally added new belongings, together with Compound (COMP) and Shiba Inu (SHIB), alongside its relisting of Solana and others. These strikes seem to align with the corporate’s efforts to handle buyer demand and regain its aggressive edge within the crypto market whereas navigating regulatory challenges.