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Monday, March 4, 2024

“Reduces Friction” for Web3 Customers


Robinhood Markets (Nasdaq: HOOD) introduced yesterday (Tuesday) the combination of Robinhood Join with MetaMask, the self-custodial web3 pockets owned by Consensys. Based on the corporate, the combination will “cut back friction for customers searching for entry to a self-custodial possibility.”

Robinhood launched Robinhood Join in April 2023, permitting its prospects to fund Web3 wallets with out the necessity to depart the dApps or be of their Robinhood Crypto accounts. Now, the newest integration will permit Robinhood prospects to make use of Robinhood Connect with buy crypto by means of MetaMask’s Purchase Crypto aggregator.

“The mixing between MetaMask and Robinhood is an thrilling step in our shared dedication to cut back friction for customers searching for entry to a self-custodial possibility,” Consensys’ Senior Product Supervisor, Lorenzo Santos, mentioned.

“We all know that crypto and web customers need larger management and possession. This can assist extra folks entry crypto in a seamless and self-custodial method by providing extra shopping for choices with service suppliers they already use and belief.”

Robinhood’s Crypto Guess

Robinhood is understood for providing commission-free inventory brokerage providers to retail merchants in the USA. The corporate additionally jumped into crypto early and dominated the business by providing fashionable tokens not listed by different high US-based crypto exchanges.

The American brokerage is increasing its geographical attain and has already launched crypto buying and selling providers within the European Union with a Lithuania-licensed entity. Moreover, Robinhood is aiming to launch brokerage providers in the UK. Nevertheless, it’s unclear whether or not it might provide crypto buying and selling on the island throughout the English channel.

“At Robinhood, it is our mission to cut back friction wherever attainable to extend adoption of web3,” Seong Lee, the Head of Product at Robinhood Crypto, talked about. “Robinhood Join offers a seamless expertise for present Robinhood prospects to fund their self-custody pockets by way of debit, financial institution switch, or Robinhood shopping for energy. This function permits customers to start out utilizing their crypto instantly.”

Robinhood Markets (Nasdaq: HOOD) introduced yesterday (Tuesday) the combination of Robinhood Join with MetaMask, the self-custodial web3 pockets owned by Consensys. Based on the corporate, the combination will “cut back friction for customers searching for entry to a self-custodial possibility.”

Robinhood launched Robinhood Join in April 2023, permitting its prospects to fund Web3 wallets with out the necessity to depart the dApps or be of their Robinhood Crypto accounts. Now, the newest integration will permit Robinhood prospects to make use of Robinhood Connect with buy crypto by means of MetaMask’s Purchase Crypto aggregator.

“The mixing between MetaMask and Robinhood is an thrilling step in our shared dedication to cut back friction for customers searching for entry to a self-custodial possibility,” Consensys’ Senior Product Supervisor, Lorenzo Santos, mentioned.

“We all know that crypto and web customers need larger management and possession. This can assist extra folks entry crypto in a seamless and self-custodial method by providing extra shopping for choices with service suppliers they already use and belief.”

Robinhood’s Crypto Guess

Robinhood is understood for providing commission-free inventory brokerage providers to retail merchants in the USA. The corporate additionally jumped into crypto early and dominated the business by providing fashionable tokens not listed by different high US-based crypto exchanges.

The American brokerage is increasing its geographical attain and has already launched crypto buying and selling providers within the European Union with a Lithuania-licensed entity. Moreover, Robinhood is aiming to launch brokerage providers in the UK. Nevertheless, it’s unclear whether or not it might provide crypto buying and selling on the island throughout the English channel.

“At Robinhood, it is our mission to cut back friction wherever attainable to extend adoption of web3,” Seong Lee, the Head of Product at Robinhood Crypto, talked about. “Robinhood Join offers a seamless expertise for present Robinhood prospects to fund their self-custody pockets by way of debit, financial institution switch, or Robinhood shopping for energy. This function permits customers to start out utilizing their crypto instantly.”



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