Retail Trading Giant Robinhood Launches Crypto Wallet

Retail Trading Giant Robinhood Launches Crypto Wallet


Retail trading giant Robinhood is rolling out its digital wallet to over 1 million waitlisted users after initially releasing the beta version to just 10,000 customers last September.

The Robinhood Wallet is a standalone smartphone app that allows users to trade and transfer crypto assets as well as access decentralized apps (DApps) and store non-fungible tokens (NFTs).

In a series of tweets, Robinhood general manager Johann Kerbrat says the California-based firm introduced new changes in response to feedback from customers who participated in the beta program.

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The app now supports over 50 tokens including Compound (COMP), Polygon (MATIC), Shiba Inu (SHIB), Solana (SOL), USD Coin (USDC) and Uniswap (UNI). Customers can transfer these tokens from the Robinhood app and other platforms to the Robinhood wallet.

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