Robinhood’s top executive Christine Brown is leaving her spot in the company. She has plans to start her own crypto venture, but the details are still unknown. Brown expresses her thanks to the company in a tweet. “I joined Robinhood when it was under 100 people – before we even offered a crypto product, watching us grow through IPO and serving more than 22m users has been the greatest professional experience of my life.”
Robinhood chief operating officer Gretchen Howard responds to Christine Brown’s leave. He put out the following statement. “We’re so grateful to Christine for her contributions to Robinhood over the past five years – from leading our self-clearing initiative to scaling the Robinhood Crypto team. We’re excited to follow her entrepreneurial journey going forward.”
In 2018 Robinhood began offering services about crypto. Users of Robinhood may purchase and sell seven different cryptocurrencies. They include Bitcoin, Bitcoin Cash, Bitcoin SV, Dogecoin, Ethereum, Ethereum Classic, and Litecoin—but they cannot be sent to a private wallet. The company stores consumers’ cryptocurrency for them, preventing them from transferring it elsewhere. For example, to trade on decentralized exchanges or purchase NFTs. Brown’s career has been defined by her pursuit of a specialized cryptocurrency wallet.
According to the firm, the wallet will be available in beta form in January 2022. They claim to have 250,000 wallet users as of now.
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