Robinhood Markets Inc, a well-established financial services and trading platform based in California are all set to move from stocks and stock exchange towards cryptocurrency and crypto exchanges. This whole process has been going on for the past few months. Amidst all this, Robinhood’s CEO announces the launch of an entire range of new exciting features for the platform.
The Robinhood Crypto
Robinhood Markets Inc, a subsidiary the Robinhood Crypto is all set towards a fast punch to engrave its name upon the crypto industry too. Ever since its initial launch in 2013, it has made a prominent name on the stock exchanges and stock exchange tradings.
Furthermore, it took over the complete stock exchange markets with its launch of mobile apps by the year 2015.
In spite of all its success, the firm looks towards making the same impression upon the cryptocurrency industry too. And so its subsidiary, the Robinhood Crypto was launched in the year 2018.
In addition, Robinhood Crypto brought forth its cryptocurrency exchange which is highly successful. Also, following its same strategic plan as before for the stocks, Robinhood Crypto focuses more on its mobile app for the crypto exchange.
Accordingly, the exchange platform supports plenty of cryptocurrencies from Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and many others.
The CEO’s Announcements
The mastermind behind Robinhood’s crypto craze and arduous efforts towards its cryptocurrency exchange is none other than its CEO, Vlad Tenev.
The CEO reveals all their future plans for the exchange. In addition, he gives out that they will be launching many new exciting and futuristic features for the exchange app.
Furthermore, Tenev expresses that their entire team is working arduously in bringing up new features for their customers.
Also, he reveals his plans on bringing their own crypto wallets as per their customer expectations.
Despite the SEC not allowing them to launch their IPO, efforts are being made to soon launch them.
Moreover, the CEO puts forth that their exchange will soon make it possible for their customers to transfer their assets in and out of their exchange platform.
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