TL; DR
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Today we got wind of a new collaboration between Robin Hood (‘The home of the private investor’), and Metamask (“The Most Popular Self-Management Wallet in Web3”).
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MetaMask users will soon be able to purchase Ethereum-based tokens from Robinhood – all from the MetaMask app. On the other hand, Robinhood users can now transfer their crypto assets to MetaMask.
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Here’s the math on why this will lead to a better Web3 experience: More integrations = more options = more competition = better products for end users.
Full story
We shout it! 2024 is “the year of legacy integration” for crypto.
Wait no. That doesn’t sound quite right, try the following:
“The year the old dogs adopted new technology.” (Better, but not perfect).
So far we have had:
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The launch of the first US spot Bitcoin ETF, creating an easy and trusted way for old school asset managers to buy BTC…
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The announcement of the GoDaddy x Ethereum Name Service partnership, which will allow people to receive crypto at a .com web address.
And today we got wind of a new partnership between Robin Hood (‘The home of the private investor’), and Metamask (“The Most Popular Self-Management Wallet in Web3”).
MetaMask users will soon be able to purchase Ethereum-based tokens from Robinhood – all from the MetaMask app. On the other hand, Robinhood users can now transfer their crypto assets to MetaMask.
The benefits here are twofold:
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Not having to buy crypto on an exchange first, Than to your MetaMask wallet for safe storage? This makes the Web3 experience much smoother.
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If you’re a Robinhood customer, having an off-ramp is important!
For example, when Robinhood was banned Polygon (MATIC) As of its platform last year, users had to send their MATIC to a new wallet/exchange, or have it forcibly sold (yikes!)
Here’s the math on why this will lead to a better Web3 experience:
More integrations = more options = more competition = better products for end users.
We’d love to see it!