The co-founder and CEO of American financial services company Robinhood Vlad Tenev said in a Fire Chat that they will launch deposits and withdrawals wallets for cryptocurrency.
He also hinted that they might add some new coins along the way during the Q&A session on YouTube.
Vlad said this when responding to the questions from a customer who wants to see Robinhood ‘take a bite out of Coinbase’ and explore the potential cryptocurrency the more.
Vlad added that he is bugging his crypto team and software engineers to set up the deposits and withdrawals wallets as fast as possible due to increasing demand from customers.
“We have been hearing a lot of request for that as much as people are bugging me on that on social media, I am bugging our crypto team and software engineers,” he said.
The current price of bitcoin is $58,651.63, increasing by 1.06% in the last 24 hours. Bitcoin’s current market cap of $1.09T and market volume of $59.47B. In the last 24 hours, bitcoin has dropped to $56,327.79 and experienced a 24 hours high of $60,074.37. Currently, 18,657,231.25 bitcoins are in circulation.
Stats and Image from Coin Desk
Over six million new crypto customers joined Robinhood in February, stretching the system of the company. Due to this growth, Vlad said making sure the service and support of Robinhood are stable and reliable for new and existing customers is a priority.
The first edition of the Q&A session with Vlad is aimed at responding to questions of customers and taking their feedback to make Robinhood better.
“From the very beginning, Robinhood has taken customer feedback extremely serously and we are at our best when we hear from customers directly,” he added.