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Robinhood Rolls Out Trial Version of Crypto Wallet



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Robinhood has rolled out the beta version of their wallet program with 1000 customers from their whitelist set to benefit. The development is part of Robinhood’s effort to safely connect millions of customers to the blockchain ecosystem.

It is a fulfillment of last year’s commitment by Robinhood to release a beta version of its wallet in the first quarter of this year.

The 2013-founded retail trading platform is based out of California and according to Statista Market Monitoring Company, has witnessed notable growth in users. Currently, there are over 22 million users on the platform.

The development was first publicized by Christine Brown, the project COO on Twitter.

As of December 2021, the official communication by Robinhood CEO Vlad Tenev was that more than 1.6 million people had entered the wallet waitlist.

Per the reports, the criteria for selecting the 1000 customers for the beta release are that the users must own a different wallet for testing purposes alongside other safety evaluations.

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