2 million users are on the waiting list on Robinhood’s wallet app according to the press release that we are reading more about in our latest cryptocurrency news.
Robinhood is a financial services company that has a popular trading app that recently launched a crypto wallet. The company’s CPO Aparna Chennapragada noted that a lot of customers are quite enthusiastic about delving into this new product which only confirms that 2 million users are already on the waiting list. The reports show that the company’s plans to launch a crypto wallet are coming to an end as the number of users engaging with these assets on the platform is increasing dramatically. During an interview with Bloomberg, the company’s CPO confirmed the official release of the new product.
Apart from outlining the digital asset wallets that are available for the investors on the Robinhood app, more features added by the company are crypto gits and Q&A. The latter gives the user of the Robinhood app more access to the company’s roadmaps and insider knowledge of the direction of the business. On the drive to becoming a prominent player in the crypto space, Chennapragada said that Robinhood will continue to play up in this space. She added that the company is making sure that the quality of products meets the aspirations of the consumers via continuous collaboration with the community and their customers.
Whether Robinhood has plans to list SHIBA, Chennapragada said that she is aware that it is among the expectations of a lot in the Robinhood community. She made it clear that the token listings will be addressed at an appropriate time. This is because the company already put the necessary building blocks in place to ensure that it gives users the best experience in their quest to get benefits from the crypto assets.
She also stated that the objective at this time concerning crypto is to make the best among them accessible for users and to ensure that this is done as cheap as possible:
“We are systematically putting our building blocks in place to be able to enable great crypto products. It started with actually …like enabling access to coins in the most inexpensive way that you can be able to get into this emerging economy.”
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