Robinhood's first customers to test new crypto wallets starting next month

Robinhood ((HOOD +3.5%)) will let its first set of customers begin testing crypto wallets on its app starting next month, the company said in a blog post. "After that, we will continue to roll out access to more and more customers through our waitlist," the company said. The news comes shortly after the online retail financial services platform purportedly trialed new crypto wallet features on a beta version of its app. Robinhood crypto wallets will enable users to move crypto in and out of the Robinhood app in a few taps, which means they can consolidate coins into their Robinhood account to trade those coins commission-free. The wallets will come with security features like identity verification and multi-factor authentication to protect coins from hacks and other threats. In addition, Robinhood's recently launched crypto recurring investments feature is now available to all crypto customers. In August, Robinhood said crypto wallets are a