Robinhood Eyes Crypto Lending and Staking Services

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In addition to its previously-announced crypto wallet, commission-free trading app Robinhood may soon let customers lend and stake crypto.
At the company’s roadshow, which was broadcast online yesterday ahead of its IPO on Thursday, CFO Jason Warnick said that Robinhood is „making a lot of investments in things we know our customers want, such as wallets, lending, and staking.” He added, „We think there’s a big opportunity in front of us, and we look forward to delivering more products for customers.”
The Menlo Park-headquartered trading app currently lets customers buy and sell crypto but traders can’t earn interest on their holdings or move crypto to external wallets. Robinhood said it would offer a crypto wallet “as soon as possible” back in March. Executives repeated that promise yesterday but did not provide a launch date.
Earlier this month, a person familiar with Robinhood told Decrypt that the company’s crypto wallet would interface with decentralized finance protocol

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Źródło: https://decrypt.co/76838/robinhood-eyes-up-crypto-lending-and-staking-services

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