Robinhood Launches New Crypto Wallet on iOS With Support for Shiba Inu (SHIB), Polygon (MATIC) and Others

Trading giant Robinhood is launching its new crypto wallet on Apple’s mobile operating system with support for a handful of prominent altcoins.

In a new blog post, Robinhood unveils that its Web3-enabled wallet is now available to all iOS customers around the world and it will be adding support for crypto assets such as Shiba Inu (SHIB), layer-2 scaling solution Polygon (MATIC), and Ethereum (ETH).

Other digital assets supported by the wallet include Solana (SOL), Uniswap (UNI) and stablecoin USD Coin (USDC).

According to Johann Kerbat, the general manager of Robinhood’s crypto branch, the updates were added to the wallet after the company reflected on user feedback from the beta release last year.

“The feedback we’ve received for Robinhood Wallet since first launching in beta has been extremely positive.

Users have told us they love how accessible and easy to use the app is, and that they really enjoy the ability to self-custody their digital assets and swap with no network fees on Polygon. They also told us they want access to more coins on more chains, which is why we’ve quickly added support for Ethereum.”

Robinhood says it plans on making the wallet compatible with the Android operating system later this year as well, but no specific date was given. The trading titan also notes that it plans to support more tokens as well as release a Web3 browser.

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