Robinhood, the financial services company with a popular trading app, recently launched cryptocurrency wallets. In an interview with Emily Chang of Bloomberg Technology, the company’s CPO, Aparna Chennapragada, noted that many customers are excited to dive into the new product.
More Crypto Features in Robinhood App
CryptoPotato reported recently the company’s plans to launch a cryptocurrency wallet as the number of users engaging with such assets on Robinhood kept increasing rather rapidly. During a January interview with Bloomberg, the firm’s CPO confirmed the official release of the new product.
Along with highlighting the digital asset portfolios available to investors on the Robinhood app, additional features added by the company are the company’s crypto giveaways and Q&As. The latter gives the Robinhood app user access to company roadmaps and insider insight into company direction.
On the drive towards becoming a prominent player in the crypto sphere, Chennapragada said, “You’ll see us continuing to play in this space.”
She added that the company actually ensures that the quality of its products meets consumer aspirations through continuous collaboration with the community and their own customers.
On Shiba Inu Listing
On whether Robinhood has plans to list Shiba Inu, the celebrated meme coin, Chennapragada said she was aware that it is among the expectations of many in the Robinhood community.
However, she clarified that the token listings would be processed at the appropriate time. Indeed, the company has systematically put in place the necessary “building blocks” to ensure that it gives its clients the best experience in their quest to profit from crypto assets.
She further stated that the objective at this time concerning digital assets is to make the best among them accessible to users and ensure that this is done in the most inexpensive manner.
“We consistently put our building blocks in place to be able to activate great crypto products. It actually started…like enabling access to coins in the cheapest way possible to get into this emerging economy.
