Bulletins

Robinhood reportedly testing a crypto wallet as CEO posts cryptic tweets

Robinhood

Robinhood is reportedly testing a crypto wallet.

Image: Robinhood

Robinhood is testing a crypto wallet and app features that would transfer cryptocurrencies.

The online brokerage has begun working on the features based on a beta version of its iPhone app, according to a Bloomberg report on Monday. The test also includes a waitlist page for users interested in signing for the crypto wallet feature, the report said.

The news follows speculation that Robinhood, which allows users to trade crypto currencies on its platform, is planning to introduce its own crypto wallet.

CEO Vlad Tenev himself has been fueling the chatter. On Friday, he tweeted "WEN WALLETS???" in a reply to a weekly company tweet update on the crypto market.

On Monday, he tweeted a GIF of actor John Travolta twisting around in a giant wallet.

Benjamin Pimentel

Benjamin Pimentel ( @benpimentel) covers crypto and fintech from San Francisco. He has reported on many of the biggest tech stories over the past 20 years for the San Francisco Chronicle, Dow Jones MarketWatch and Business Insider, from the dot-com crash, the rise of cloud computing, social networking and AI to the impact of the Great Recession and the COVID crisis on Silicon Valley and beyond. He can be reached at bpimentel@protocol.com or via Google Voice at (925) 307-9342.

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