Robinhood Crypto COO Christine Brown—the highest government throughout the Inventory buying and selling app’s crypto subsidiary—is leaving the corporate.
In a Twitter thread right now, she expressed thanks for her time on the firm. Brown confirmed to Decrypt she can be beginning her personal crypto enterprise.
“I joined [Robinhood] when it was underneath 100 folks—earlier than we even provided a crypto product,” she tweeted. “Watching us develop by IPO and serving greater than 22m customers has been the best skilled expertise of my life.
Brown has been with Robinhood since 2017 and in April 2021 transitioned from VP of Product Operations into Robinhood Crypto COO—the corporate’s first.
Brown’s tenure has been marked by the pursuit of a devoted crypto pockets. Robinhood customers should buy and promote seven totally different cryptocurrencies—Bitcoin, Bitcoin Money, Bitcoin SV, Dogecoin, Ethereum, Ethereum Basic, and Litecoin—however they cannot ship them to a personal pockets. In different phrases, the corporate holds customers’ crypto for them so that they’re unable to port it elsewhere to, say, commerce on decentralized exchanges or purchase NFTs.
The corporate introduced a beta launch of the pockets in January 2022. It says it at present has 250,000 pockets customers.
Robinhood COO Gretchen Howard stated in a press release, “We’re so grateful to Christine for her contributions to Robinhood over the previous 5 years – from main our self-clearing initiative to scaling the Robinhood Crypto group. We’re excited to observe her entrepreneurial journey going ahead.”
Editor’s Be aware: This put up has been up to date to incorporate affirmation from Brown about her new position. The variety of pockets customers has additionally been added.
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