Robinhood to launch cryptocurrency wallets as bitcoin becomes a bigger part of business
- Robinhood is testing “crypto wallets” with select clients next month to allow investors to send, receive and move cryptocurrencies in and out of the Robinhood app.
- In recent months, some users have taken to social media to complain that by using Robinhood, they had exposure to crypto prices but not actual ownership of the coins themselves.
- The move comes as cryptocurrency makes up an increasingly large part of Robinhood’s revenue.
Robinhood to launch cryptocurrency wallets as bitcoin becomes a bigger part of business
Robinhood is testing crypto wallets with select clients next month, the company said Wednesday.
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