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Robinhood to launch cryptocurrency wallets as bitcoin becomes a bigger part of business
Robinhood is debuting a feature that gives traders more control over digital tokens in its latest expansion in the cryptocurrency space. The newly public brokerage is testing “crypto wallets” with select clients next month, the company announced in a blog post Wednesday. The so-called wallet will allow investors to trade, send and receive digital currencies, as well as move them in and out of the Robinhood app. In recent months, some users — particularly Dogecoin traders — have taken to social media to complain that by using Robinhood as their broker, they had exposure to crypto prices but not actual ... (full story)