Robinhood, the commission-free trading app with 23 million users, has recently introduced in-app swaps for Ethereum and Polygon, as well as allowing users to hold, send, and accept Bitcoin and Dogecoin. The platform is aiming to bridge the gap between traditional financial services and decentralized finance (DeFi) by offering users access to decentralized apps and trading over 200 tokens on Ethereum and Polygon. The Robinhood Wallet, a crypto wallet rapidly gaining traction in over 140 countries, is central to this advancement. Unlike traditional crypto wallets, Robinhood allows users to trade without holding ETH and pay fees with any token, simplifying onboarding for DeFi users. The wallet is currently only available for Apple devices, but is expected to be released for Android later this year. Johann Kerbrat, the General Manager of Robinhood Crypto, said: “With Robinhood Wallet we stripped away many of the complexities of DeFi and the broader Web3 ecosystem, and reduced some of the challenges and barriers to entry for everyday people.” This feature is already available to a limited number of users and will be made available to everyone in the coming weeks.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	9
People	Johann Kerbrat
Companies	Ethereum, Robinhood Wallet, Apple., Dogecoin, Polygon, Bitcoin, Robinhood, Web3, Decentralized Finance (DeFi)
Currencies	Ethereum, Dogecoin, Polygon, Bitcoin
Securities	None