{"id":49827,"date":"2021-09-21T10:09:26","date_gmt":"2021-09-21T07:09:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=49827"},"modified":"2025-09-02T14:38:28","modified_gmt":"2025-09-02T11:38:28","slug":"bloomberg-robinhood-tests-cryptocurrency-wallet","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bloomberg-robinhood-tests-cryptocurrency-wallet\/","title":{"rendered":"Bloomberg: Robinhood tests cryptocurrency wallet"},"content":{"rendered":"<p>Online broker Robinhood is testing a cryptocurrency wallet feature that allows sending Bitcoin and other digital assets. Bloomberg reports, citing the code from the company&#8217;s iOS beta app.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: Robinhood is testing new crypto wallet and cryptocurrency transfer features for its app <a href=\"https:\/\/t.co\/V7s9HAyjZ4\">https:\/\/t.co\/V7s9HAyjZ4<\/a> <a href=\"https:\/\/t.co\/SAUInZIGIx\">pic.twitter.com\/SAUInZIGIx<\/a><\/p>\n<p>\u2014 Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1440058448712912899?ref_src=twsrc%5Etfw\">September 20, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to the publication, the software includes a hidden waitlist page for users. The app also contains code related to asset transfers.<\/p>\n<p>Programmer Steve Moser discovered that Robinhood clients would be able to set up two-factor authentication for the wallet.<\/p>\n<p>At present, users can only trade cryptocurrencies and sell them for fiat currency.<\/p>\n<p>In March 2021, Robinhood co-founder and CEO Vlad Tenev said that the platform in short order <a href=\"https:\/\/u1f987.com\/en\/news\/robinhood-to-add-cryptocurrency-wallet-to-its-service\">plans to add<\/a> wallet functionality. In May, COO Christine Brown <a href=\"https:\/\/u1f987.com\/en\/news\/robinhood-to-add-option-to-withdraw-crypto-assets\">confirmed<\/a> the imminent availability of the ability to withdraw digital assets.<\/p>\n<p>Earlier, Bloomberg <a href=\"https:\/\/u1f987.com\/en\/news\/bloomberg-robinhood-tests-feature-to-shield-crypto-investors-from-volatility\">discovered<\/a> in the iOS app code a test solution to shield users from cryptocurrency volatility. The platform launched the feature in mid-September.<\/p>\n<p>In the second quarter crypto trading <a href=\"https:\/\/u1f987.com\/en\/news\/crypto-trading-accounted-for-more-than-40-of-robinhoods-revenue-in-the-second-quarter\">accounted for 41% of Robinhood&#8217;s revenue<\/a>.<\/p>\n<p>On July 29, the online broker <a href=\"https:\/\/u1f987.com\/en\/news\/robinhood-shares-begin-trading-on-nasdaq-valuation-around-32-billion\">went public<\/a>. In the run-up to this event, Tenev<a href=\"https:\/\/u1f987.com\/en\/news\/robinhood-chief-says-cryptocurrencies-are-the-cornerstone-of-the-companys-future-development\">called digital assets the cornerstone of the company&#8217;s future development<\/a> and confirmed the need for a crypto wallet.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The online broker Robinhood is testing a cryptocurrency wallet feature that allows sending Bitcoin and other digital assets. Bloomberg reports, citing the code from the company&#8217;s iOS beta app.<\/p>\n","protected":false},"author":1,"featured_media":49828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1234,57],"class_list":["post-49827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-robinhood","tag-wallets"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=49827"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49827\/revisions"}],"predecessor-version":[{"id":49829,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/49827\/revisions\/49829"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/49828"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=49827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=49827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=49827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}