Robinhood Go Web3 with NFT enabled non-custodial wallet

Controversial stock trading platform, Robin HoodHas announced plans for its own Web3-enabled non-custodial wallet, which allows users to switch NFTs and interact with a wide range of decentralized applications.

Robinhood has made a name for itself through the simple method of stock trading by providing a simplified platform for newcomers to get a handle on the market. Now anyway, it will bring her Trademarks of NFTs and DeFiAs it prepares to launch its own Web3 wallet

The team will look to launch a beta version this summer, initially rolling out a small selection of users. In the meantime, the offer is well worth the effort. According to the report, the new platform will sit next to its recently launched crypto wallet, drawing a distinct line between trading and DeFi’s wide range of opportunities.

With this new entry into the Web3 ecosystem, customers will be able to access both NFTs and DeFi, enabling access to all major NFT marketplaces, as well as a wide range of stacking and lending DAPs. Based on the report, Robinhood aims to simplify the whole process through a charged system. Zero network fee, In addition to maintaining its ‘non-commissioned’ position.

Robinhood drew the ire of many when he stood by the hedge fund during the infamous Wall StreetBates trading war. But only time will tell how they will manage themselves on this new playground.

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* All investment / financial opinions published by NFT Plaza come from the personal research and experience of our site moderators and are intended as educational material only. Individuals need to do thorough research on any product before making any kind of investment.



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