(So) Robinhood
“It is not the mountain we conquer, but ourselves.” -Sir Edmund Hillary
This is a follow up post to one written 3 years ago about the well-known trading platform Robinhood. The post gave credit to the concept and success of their platform while at the same time citing controversy and inadequacy as a crypto medium. With the economic shift coming in hot into web 3- Robinhood finally gave the people what they wanted and stepped firmly into the crypto sphere.
Change At Last
Crypto has been a part of Robinhood for a long while. However, until today (3/20/2024), they lacked what many would even consider to be criteria of a ‘custodial wallet’. You could trade crypto, but send it? Nah.
Having the assets available for trading was just the beginning. They always had a plan. Behind the scenes developers were working to take a solid step into the DeFi space and ditch the facade.
Today that dream came true as they released their DeFi wallet that allows for the self custody of crypto and trading through the Ethereum, Bitcoin, Dogecoin, Arbitrum, Polygon, Optimism or Base networks.
Redemption. Innovation. A plan brought to fruition.
Respect
With our last post about them having a hint of shade being thrown at the well known trading platform, it’s only necessary we give credit where it’s due. They did it. Respect. The wallet looks legit and it’s a big step in the right direction for the trading platform. We can now say that Robinhood exists as a cryptocurrency platform. Welcome (officially) to web 3.
