Robinhood Web3 wallet enters beta, taps Polygon as first blockchain

Cointelegraph

Published Sep 27, 2022 09:00AM ET

Updated Sep 27, 2022 12:20PM ET

Crypto and stock trading platform Robinhood (NASDAQ:HOOD) announced the launch of Robinhood Wallet, a self-custody, Web3 wallet, with Polygon (MATIC) as its first supported blockchain.

Robinhood launched the beta version of its Web3 wallet on iOS. It is being made available to the first 10,000 users who joined the waitlist in May 2022. Hosted first over the Polygon blockchain, Robinhood Wallet allows users to trade and swap cryptocurrencies with no network fees.

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