{"id":83813,"date":"2023-08-31T10:47:42","date_gmt":"2023-08-31T07:47:42","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=83813"},"modified":"2025-09-12T13:26:51","modified_gmt":"2025-09-12T10:26:51","slug":"robinhood-adds-bitcoin-and-dogecoin-support-to-its-crypto-wallet","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/robinhood-adds-bitcoin-and-dogecoin-support-to-its-crypto-wallet\/","title":{"rendered":"Robinhood Adds Bitcoin and Dogecoin Support to Its Crypto Wallet"},"content":{"rendered":"<p>The online broker Robinhood expanded the number of supported<a href=\"https:\/\/u1f987.com\/en\/news\/what-are-custodial-and-non-custodial-crypto-wallets\"> non-custodial <\/a> Web3-wallet networks for Bitcoin and Dogecoin.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-584.webp\" alt=\"image-584\" class=\"wp-image-214775\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/twitter.com\/RobinhoodApp\/status\/1696965935981277365\">X<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>The initiative is driven by clients&#8217; desire to hold more assets across a greater number of blockchains.<\/p>\n<p>Earlier, users could receive, send and transfer on Ethereum and <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-layer%e2%80%912-solution-in-blockchain\"> layer-2 networks <\/a> \u2014 Arbitrum, Optimism and Polygon.<\/p>\n<p>At the same time, Robinhood rolled out for select users the ability to swap Ethereum for more than 200 assets.<\/p>\n<p>For paying fees, you can choose Ethereum or any token in the wallet.<\/p>\n<p>Other customers will be able to access the new functionality in the coming weeks.<\/p>\n<p>According to the company, the wallet is already used by hundreds of thousands of users in 140 countries worldwide.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;With Robinhood Wallet, we have removed many of the frictions of DeFi and the broader ecosystem <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-web3\"><em>Web3<\/em><\/a><em>. The developers have also reduced some problems and barriers for ordinary people,&#8221;<\/em> said Johann Kerbrat, CEO of Robinhood Crypto.<\/p>\n<\/blockquote>\n<p>The company noted that since the solution&#8217;s launch in March 2023, developers have implemented a Web3 browser and<a href=\"https:\/\/u1f987.com\/en\/news\/robinhood-launches-fiat-gateway-for-non-custodial-wallets-and-dapps\"><strong> <\/strong>fiat gateway<\/a>.<\/p>\n<p>A version for iOS is currently available. A version for Android devices will be released later this year.<\/p>\n<p>On August 31, Arkham Intelligence researchers linked Robinhood to the <a href=\"https:\/\/u1f987.com\/en\/news\/experts-tie-robinhood-to-third-largest-bitcoin-address\"> third-largest <\/a> Bitcoin address \u2014 26,081 BTC (~$3.09 billion).<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-585.webp\" alt=\"image-585\" class=\"wp-image-214776\"\/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/twitter.com\/ArkhamIntel\/status\/1696931898117800322\">X<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>Earlier, Arkham Intelligence analysts tied Robinhood to the <a href=\"https:\/\/u1f987.com\/en\/news\/experts-tie-robinhood-to-third-largest-bitcoin-address\"> third-largest <\/a> Bitcoin address \u2014 26,081 BTC (~$3.09 billion).<\/p>\n<p>In the second quarter of 2023, Robinhood&#8217;s revenue from digital asset operations year-over-year<a href=\"https:\/\/u1f987.com\/en\/news\/robinhoods-crypto-revenue-slides-18\"> fell by 18.5%<\/a>, to $31 million. The company held $12 billion in cryptocurrencies on behalf of clients.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The online broker Robinhood expanded the number of supported non-custodial Web3-wallet networks for Bitcoin and Dogecoin.<\/p>\n","protected":false},"author":1,"featured_media":26216,"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":[18,99,1234,57],"class_list":["post-83813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-dogecoin","tag-robinhood","tag-wallets"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83813","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=83813"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83813\/revisions"}],"predecessor-version":[{"id":83814,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/83813\/revisions\/83814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=83813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=83813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=83813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}