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Robinhood CEO Says Waitlist for Firm’s New Crypto Wallet Reached 1 Million Customers – Bitcoin News

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October 23, 2021
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Robinhood CEO Says Waitlist for Firm’s New Crypto Wallet Reached 1 Million Customers – Bitcoin News
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Robinhood CEO Says Waitlist for the Firm's New Crypto Wallet Reached 1 Million Customers

On Thursday, Robinhood CEO Vlad Tenev spoke at a convention known as the Disruptor 50 Summit and the chief defined that the waitlist for the corporate’s just lately introduced crypto pockets has 1 million sign-ups to this point. “We’re very happy with our cryptocurrency platform and giving individuals extra utility with the cash they’ve,” Tenev mentioned in the course of the occasion.

Robinhood Crypto Pockets Waitlist Hits a Million Signal-ups

Vlad Tenev, the founding father of Robinhood Markets, advised the general public on Thursday that the waitlist for Robinhood’s crypto pockets has reached 1 million clients. Talking at CNBC’s Disruptor 50 Summit Tenev defined how fashionable cryptocurrencies are on the monetary providers software. “We’re very happy with our cryptocurrency platform and giving individuals extra utility with the cash they’ve,” Tenev mentioned on the occasion. The CEO added:

“We rolled out our pockets’s waitlist. Lots of people have been asking for the power to ship and obtain cryptocurrencies, switch them to {hardware} wallets, switch them onto the platform to consolidate and the crypto wallets waitlist is nicely over one million individuals now.”

Robinhood CEO: ‘Crypto Is Definitely Right here to Keep as an Asset Class’

In September, Bitcoin.com Information reported on Robinhood including a recurring crypto buy feature and after the corporate added the service to the app, Robinhood mentioned it was testing new crypto wallet and switch options. As well as, two months prior, an in-depth report mentioned that Robinhood was possible the proprietor of the most important dogecoin (DOGE) tackle. Nevertheless, within the spring, Tenev had dismissed the dogecoin tackle hypothesis.

When discussing the brand new crypto pockets rollout this previous week, Tenev remarked that there are advantages to digital foreign money wallets. “You may have a pockets, you possibly can ship individuals cryptocurrencies from that pockets to their pockets,” Tenev mentioned. “There’s sure benefits which might be within the expertise that make it type of world and accessible by default and that makes it very fascinating.”

The Robinhood founder additionally famous that he thinks cryptocurrencies and the crypto financial system have made their mark and it’ll possible stay that method. “Crypto is definitely right here to remain as an asset class and the convenience of use and the worldwide nature of it, I feel, has made it engaging to a lot of individuals,” Tenev concluded.

What do you consider Robinhood’s CEO saying that one million clients are ready to leverage its crypto pockets? Tell us what you consider this topic within the feedback part beneath.

Tags on this story
Bitcoin, BTC, Crypto, crypto wallet, Cryptocurrencies, Cryptocurrency, Customers, Doge, dogecoin, Robinhood, Robinhood CEO, robinhood crypto wallet, Sign-ups, users, Vlad Tenev

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct supply or solicitation of a proposal to purchase or promote, or a advice or endorsement of any merchandise, providers, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, immediately or not directly, for any injury or loss induced or alleged to be attributable to or in reference to the usage of or reliance on any content material, items or providers talked about on this article.





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