Robinhood Crypto COO Christine Brown recently told Yahoo! Finance that the Menlo Park-based financial services company might add crypto to its balance sheet, following the lead of rival Coinbase.
Brown also said that Robinhood was looking into adding more cryptocurrencies:
Advertisement
Now, if you have more than the seven coins that we currently offer, we won’t be able to fulfill that today. So, we are looking at extending our offering including even more coins so we can be the one-stop-shop for crypto customers.
Alex DovbnyaCrypto has become a vital part of Robinhood's business, accounting for the majority of its transaction-based revenue in the second quarter. Dogecoin alone was responsible for 26 percent of the company’s entire Q2 revenue.
Dan Burgin
Vladislav Sopov