Guess who’s in the hood! Robinhood’s Web3 Wallet beta is no | Polygon Official Announcements

Guess who’s in the hood!

Robinhood’s Web3 Wallet beta is now live exclusively #onPolygon!

With this launch, #Polygon & #Robinhood are bringing millions of customers to on-chain #DeFi via low gas infrastructure.

Faster transactions
Near-zero network fees
Robust developer ecosystem
Carbon neutral scalability

These are few of the many reasons why Robinhood selected Polygon as the 1st blockchain network to support its self-custody wallet.

During the beta, Robinhood users can seamlessly:

Trade & swap crypto with no network fees
Earn crypto rewards
Safely store & track blockchain portfolio
Connect to dApps

NFT features are not currently available for beta, but it is planned for the full launch.

Decentralized, secured, and most importantly, an easily accessible ecosystem are the core principles of building #DeFiForAll.

Aligned to Polygon’s commitment to the Web3 community, Robinhood’s GM & CTO, Johann Kerbat said:

“Like we did with the stock market, Robinhood Wallet strips away some of the complexities of Web3 and DeFi to make crypto more accessible to everyone.”

The self-custody wallet is an approachable, low-cost standalone app with a simple and accessible design.

This launch marks a significant step towards making Robinhood the most trusted and simple crypto platform for customers.

We’re beyond thrilled to be part of this journey and look forward to the road ahead!

Learn more about this break-through partnership: https://blog.polygon.technology/robinhood-selects-polygon-to-launch-web3-wallet-beta/

RT: https://twitter.com/0xPolygon/status/1574751140809691137