Sept 20 (Reuters) – Robinhood Markets Inc (HOOD.O) is testing new crypto pockets and cryptocurrency switch options for its app which might permit clients to ship and obtain digital currencies equivalent to bitcoin, Bloomberg Information reported on Monday.
A beta model of its iPhone app confirmed the corporate’s work on such options, the report mentioned. (https://bloom.bg/39lepB5)
There was additionally a hidden picture exhibiting a waitlist web page for customers signing up for a crypto pockets function, the report added.
A spokesperson for Robinhood declined to remark.
The corporate’s retail shareholders have lengthy waited for a crypto pockets. A day earlier than the brokerage introduced its first quarterly outcomes final month, the top question on Say, a platform that lets corporations crowdsource questions from retail traders, was whether or not the brokerage was getting such a pockets.
The buying and selling app operator has guess huge on the retail investor curiosity within the digital forex area. Earlier this month, the company said it will roll out crypto recurring investments, permitting customers to purchase digital cash commission-free and with as little as $1 on a schedule of their selection.
Reporting by Niket Nishant in Bengaluru; Enhancing by Krishna Chandra Eluri
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