Analysis

Robinhood Launches New Crypto Wallet on iOS With Support for Shiba Inu (SHIB), Polygon (MATIC) and Others

Buying and selling large Robinhood is launching its new crypto pockets on Apple’s cellular working system with help for a handful of distinguished altcoins.

In a brand new blog post, Robinhood unveils that its Web3-enabled pockets is now out there to all iOS clients around the globe and it is going to be including help for crypto belongings resembling Shiba Inu (SHIB), layer-2 scaling resolution Polygon (MATIC), and Ethereum (ETH).

Different digital belongings supported by the pockets embody Solana (SOL), Uniswap (UNI) and stablecoin USD Coin (USDC).

In keeping with Johann Kerbat, the final supervisor of Robinhood’s crypto department, the updates have been added to the pockets after the corporate mirrored on person suggestions from the beta launch final yr.

“The suggestions we’ve obtained for Robinhood Pockets since first launching in beta has been extraordinarily constructive.

Customers have informed us they love how accessible and straightforward to make use of the app is, and that they actually benefit from the capacity to self-custody their digital belongings and swap with no community charges on Polygon. Additionally they informed us they need entry to extra cash on extra chains, which is why we’ve shortly added help for Ethereum.”

Robinhood says it plans on making the pockets appropriate with the Android working system later this yr as properly, however no particular date was given. The buying and selling titan additionally notes that it plans to help extra tokens in addition to launch a Web3 browser.

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