Since 2021, Robinhood (NASDAQ:HOOD) has improved its cryptocurrency offering and launched the opportunity to invest in the industry’s latest innovations.
The new approach introduces Robinhood customers to the world of Web3 to keep up with the financial market trends of decentralized finance (DeFi). In April 2023, the trading app launched "Robinhood Connect," a fiat-to-crypto on-ramp featuring support for decentralized applications (DApps) and self-custody wallets.