The digital asset-friendly Robinhood platform will offer the ability to withdraw cryptocurrencies to third-party wallets. This was stated in an interview with Decrypt by COO Christine Brown.
The top manager declined to name a specific time frame for the initiative, but added that the recent collapse in the market will not affect it. Going forward, Robinhood Crypto plans to add stock trading.
“It doesn’t look like a simple switch. This is a very tricky question from an optimization standpoint, ”Brown explained.
She also said that since January, the development team has grown fivefold, and the platform has moved to work around the clock.
In April, billionaire Mark Cuban called the inability to spend the tokens purchased on Robinhood as an obstacle to the growth of Dogecoin’s price.
In March, Robinhood CEO Vlad Tenev announced the addition of a cryptocurrency wallet to the service.
Earlier, the company announced an increase in the audience of a mobile application for trading digital assets from 1.7 million to 9.5 million users in the first three months of 2021.
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