Robinhood’s crypto wallet waitlist has well over 1 million people, CEO Vlad Tenev says

Robinhood’s crypto wallet waitlist has well over 1 million people, CEO Vlad Tenev says

Long-awaited cryptocurrency wallet, which launches early next year, already counts more than one million customers on its waitlist, CEO Vlad Tenev on Thursday. "We're very proud of our cryptocurrency platform and giving people more utility with the coins they have," he said at CNBC's Disruptor 50 summit. "We rolled out our wallets waitlist. A lot of people have been asking for the ability to send and receive cryptocurrencies, transfer them to hardware wallets, transfer them onto the platform to consolidate and the crypto wallet's waitlist is well over a million people now." Robinhood service last month, saying it would first test the product based on user feedback in October before it goes to market. This feature would allow users to manage their crypto holdings within the app. For now, the investing app offers , including , , and . "You can have a wallet, you can send people cryptocurrencies from that wallet to their wallet," Tenev said. "There's certain advantages that are in the technology that make it kind of global and accessible by default and that makes it very interesting." Robinhood launched crypto trading services in 2018 to expand its customer base and provide users with more access to