Bulletins

Robinhood says it will roll out its own crypto wallet

Robinhood app

Robinhood confirmed that it's rolling out its own crypto wallet.

Photo: Gabby Jones/Bloomberg via Getty Images

Robinhood confirmed Wednesday that it is rolling out its own crypto wallets.

"Crypto wallets are coming to Robinhood," the company said in a blog post.

The online brokerage said a group of customers will begin testing the product which would allow users to receive, trade and send cryptocurrencies through the Robinhood app. The tests will begin next month and more Robinhood customers will be able to sign up through a waitlist, the company said.

CEO Vlad Tenev has been posting cryptic tweets about the product in the past few days, including one on Wednesday encouraging users to sign up.

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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