Brokerage accounts can be funded with the stablecoin USDC, the exchange said.
Robinhood’s new custodial wallet will cater to “advanced” crypto users and live separately from the existing wallet, the firm’s Johann Kerbrat said.
The most valuable crypto stories for Friday, May 13, 2022.
The company's quarterly revenue from cryptocurrency trading increased about $6 million to $54 million.
CEO Vlad Tenev said the platform’s rapid growth in 2020 and 2021 led to duplication of roles and functions.
Ziglu was approved to offer crypto services in the U.K. by the Financial Conduct Authority in 2020.
SHIB, SOL, Polygon’s MATIC and Compound’s COMP tokens were added to Robinhood Crypto.
The investment bank also sees headwinds for Coinbase and Silvergate Capital to show up in first-quarter results.
In a pair of announcements from the Bitcoin 2022 conference in Miami, the trading app flexed its crypto chops. But check the fine print.
A total of 30 companies have joined the Crypto Market Integrity Coalition (CMIC) and signed its pledge to combat market manipulation.