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Robinhood Testing Crypto-Wallet Feature in App: Report

New features may also enable cryptocurrency transfers

Updated May 11, 2023, 5:45 p.m. Published Sep 23, 2021, 3:56 p.m.
Robinhood CEO Vlad Tenev
Robinhood CEO Vlad Tenev

Robinhood, the online brokerage app, is testing a crypto wallet and transfers for cryptocurrency for its app, Bloomberg reported, citing a beta version of Robinhood’s iPhone app.

  • The software is said to include a hidden image that shows a waitlist page for subscribers signing up for the crypto wallet feature, according to the report.
  • A Robinhood spokeswoman declined to comment to Bloomberg and to CoinDesk.
  • The potential crypto wallet was discovered by software developer Steve Moser, who also discovered the code in Twitter’s beta about accepting bitcoin for its “Tip Jar” feature.
  • Robinhood announced in February it would enable withdrawals and deposits of cryptocurrencies, including dogecoin.
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