{"id":290804,"date":"2023-01-20T07:20:18","date_gmt":"2023-01-20T07:20:18","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=290804"},"modified":"2023-01-20T07:16:33","modified_gmt":"2023-01-20T07:16:33","slug":"robinhood-launches-self-custody-wallet","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/robinhood-launches-self-custody-wallet\/","title":{"rendered":"Robinhood launches self-custody wallet"},"content":{"rendered":"<p>Crypto investing platform <a href=\"https:\/\/cryptoslate.com\/products\/robinhood\/\">Robinhood<\/a> announced the launch of its self-custody Wallet on Jan. 19.<\/p>\n<p>Robinhood released Wallet, an \u0130OS app that allows users to transfer and view owned crypto and NFTs. With a waiting list of over one million people, Wallet is slowly being <a href=\"https:\/\/twitter.com\/JohannKerbrat\/status\/1616094435884007427?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1616094435884007427%7Ctwgr%5E08244e03f7449c5585c1c7c73c8b6ca163070724%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fdecrypt.co%2F119594%2Frobinhood-wallet-metamask\">rolled out<\/a>.<\/p>\n<h2>Set to expand<\/h2>\n<p>Robinhood Wallet\u00a0only supports Ethereum (<a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">ETH<\/a>) and Polygon (<a href=\"https:\/\/cryptoslate.com\/coins\/polygon\/\">MATIC<\/a>) networks at launch, but it will expand to include other blockchains in the future. Android support is also expected to launch later this year.<\/p>\n<p>Based on Robinhood CEO Johann Kerbrat's description of the product, Robinhood Wallet is set to compete with the likes of <a href=\"https:\/\/cryptoslate.com\/products\/metamask\/\">MetaMask<\/a> and Phantom. Kerbrat <a href=\"https:\/\/decrypt.co\/119594\/robinhood-wallet-metamask\">told<\/a> Decrypt:<\/p>\n<blockquote><p>\u201cThis is much more than just a wallet\u2014think of the Robinhood Wallet as a \u2018browser\u2019 for Web3.\u201d<\/p><\/blockquote>\n<p>Kerbrat also added that the Wallet is a separate standalone app and offers more advanced features like connecting to dApps and NFT marketplaces \u2014 in addition to providing full self-custody of assets.<\/p>\n<p>The popularity of self-custody wallets has increased throughout the year 2022. <em>CryptoSlate<\/em> data\u00a0from December 2022 <a href=\"https:\/\/cryptoslate.com\/research-2nd-december-the-15m-bitcoin-just-went-into-self-custody\/\">revealed<\/a> that 15 million Bitcoin (BTC) went into self-custody wallets throughout 2022 and increased illiquid BTC supply to 78%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto investing platform Robinhood announced the launch of its self-custody Wallet on Jan. 19. Robinhood released Wallet, an \u0130OS app that allows users to transfer and view owned crypto and NFTs. With a waiting list of over one million people, Wallet is slowly being rolled out. Set to expand Robinhood Wallet\u00a0only supports Ethereum (ETH) and [&hellip;]<\/p>\n","protected":false},"author":1262,"featured_media":290809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60206],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Robinhood launches self-custody wallet<\/title>\n<meta name=\"description\" content=\"The wallet currently supports Ethereum and Polygon but is set to expand by adding new networks in the future.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/robinhood-launches-self-custody-wallet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Robinhood launches self-custody wallet\" \/>\n<meta property=\"og:description\" content=\"The wallet currently supports Ethereum and Polygon but is set to expand by adding new networks in the future.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/robinhood-launches-self-custody-wallet\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-20T07:20:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-20T07:16:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/robinhood-crypto-wallet.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Zeynep Geylan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zeynep Geylan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/robinhood-launches-self-custody-wallet\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/robinhood-launches-self-custody-wallet\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person\",\"name\":\"Zeynep Geylan\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"caption\":\"Zeynep Geylan\"},\"jobTitle\":\"Journalist\",\"description\":\"Zeynep is an academic who turned to crypto in 2018. 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