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Robinhood Quietly Tests Crypto Wallet as Users Clamor for It

  • Feature would allow users to send and receive crypto currency
  • Customers will likely need to join waitlist to gain capability
The website home screen for Robinhood Markets Inc.
The website home screen for Robinhood Markets Inc.Photographer: Gabby Jones/Bloomberg
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Robinhood Markets Inc. is testing new crypto wallet and cryptocurrency transfer features for its app, a long-awaited move that will make it easier for customers to send and receive digital currencies like Bitcoin. 

Evidence of the company’s work on such features has appeared in a beta version of its iPhone app. The software includes a hidden image portraying a waitlist page for users signing up for a crypto wallet feature. The app also has code referring to cryptocurrency transfers.