FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Robinhood is adding more features and services as cryptocurrency is growing fast and becoming a big part of the business. The company revealed that it would be launching a feature that will allow traders to monitor their digital tokens by giving them more control.
The company is testing crypto wallets that it will eventually introduce to users of its platform. This move is said to be part of Robinhood’s expansion in the cryptocurrency scene.
The testing is ongoing and will be available for select Robinhood clients starting next month. The firm said that it would be sharing with the public about the select clients’ experience and feedback on the crypto wallets so everyone will get to know what they are building.
Once the testing is done, it will roll out access to more customers who will sign up on their waitlist. Those who will be included will be one of the firsts to gain access.
“We’re excited to make crypto more accessible by making investing simpler, more straightforward, and low cost - just as we’ve done for equities,” Robinhood stated in a blog post. “When we launched Robinhood Crypto three years ago, we expanded investment access to more and more of our customers. At Robinhood, we’re working to make the world of crypto easier to understand by giving you the right tools so you can participate at your own pace.”
At any rate, CNBC noted that Robinhood’s crypto venture has been growing, and although the company only debuted its cryptocurrency trading three years ago, it has become one of the company’s most essential businesses in a short time.
With the new crypto wallets, clients will be able to consolidate their digital coins, trade, send and receive cryptocurrencies to and from other wallets. The beta version of Robinhood’s new cryptocurrency wallets will run on the trading firm’s app and continue to develop the feature from there.
Meanwhile, the New York Post reported that Robinhood’s shares shot up more than six percent on the morning of Wednesday, Sept. 22, just after the news of its crypto wallets launch made it to the headlines. This shows that many are already looking forward to this feature that will surely enhance the company’s trading services.
