Robinhood CEO Vladimir Tenev says the number of people who want to get early access to the retail trading platform’s Web3 wallet has already surpassed 1 million.
The California-based firm opened a waitlist for beta testers in May after announcing that it is launching a multichain, non-custodial crypto wallet that will allow users to trade crypto, access decentralized apps (DApps), do yield farming and store non-fungible tokens (NFTs), among others.
Tenev now reveals approximately how many people are waiting on the sign-up list.
“Big update! We hit over 1 million sign-ups on the waitlist. Beta testing will commence in the coming weeks.”
According to Tenev, the wallet, which will be rolled out as a standalone app, will give customers access to web 3.0 and allow them to manage their own crypto keys.
“At Robinhood, we believe that crypto is more than just an asset class. By offering the same low cost and great design that people have come to expect from Robinhood, our web3 wallet will make it easier for everyone to hold their own keys and experience all the opportunities that the open financial system has to offer.”
Robinhood expects to make the wallet available for all its customers by the end of 2022, but beta testing will commence in late summer.
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Ongky Ady Widyanto
The post Over 1,000,000 Crypto Customers on Waitlist for Robinhood’s Highly-Anticipated Web3 Wallet appeared first on The Daily Hodl.
