The popular online brokerage app has so far only allowed the buying and selling of cryptocurrencies.
According to the company’s latest announcement, there has been an increased interest in cryptocurrencies from its users. Robinhood said the community wanted more insight into which addresses belonged to the company and how it operated the wallets where it custodies users’ funds.
The firm said it plans on providing the ability to deposit and withdraw various cryptocurrencies, including Dogecoin (DOGE). It is unclear when the functionality will roll out or which cryptocurrencies it will support. The app currently lists seven cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ethereum Classic (ETC), Bitcoin Cash (BCH), Bitcoin SV (BSV), and Dogecoin (DOGE).