Robinhood Lead Christine Brown To Start Her Own Crypto Venture

The Robinhood lead Christine Brown will leave the company to start her own crypto venture and she announced she will be staying in the crypto space as we can see further in our latest cryptocurrency news.

The Robinhood lead Christine Brown the top executive within the Stock trading app’s crypto branch, is leaving the company to start her own venture. She expressed thanks for her time at the company and confirmed that she will be launching her own crypto venture. She wrote:

“I joined [Robinhood] when it was under 100 people—before we even offered a crypto product. Watching us grow through IPO and serving more than 22m users has been the greatest professional experience of my life.”

Brown has been with Robinhood since 2017 and back in 2021, she transitioned from VP of Product Operations onto Robinhood Crypto COO. Brown’s tenure has been seen as the pursuit of dedicated crypto wallets. The Robinhood users can buy and sell different cryptocurrencies, Bitcoin SV, DOGE, Ethereum, Bitcoin Cash, BTC, Ethereum Classic, and Litecoin but they can’t send them to a private wallet. In other words, the company holds users’ crypto for them and they are unable to port it somewhere else and traded it on a decentralized exchange.

The company annoucned a beta release of the wallet in January 2022 and now has 250,000 wallet users. Robinhood COO Gretchen Goward said:

“We’re so grateful to Christine for her contributions to Robinhood over the past five years – from leading our self-clearing initiative to scaling the Robinhood Crypto team. We’re excited to follow her entrepreneurial journey going forward.”

As recently reported, Robinhood’s debit card will offer cryptocurrency rewards and will replace its debit card with a new “Cash card” that will offer some of the same rewards including crypto bonuses. The card will allow users to “round up” to invest in crypto and other investments and Robinhood said it will replace the current debit card offering with the Cash card which will come with a variety of investing and new reward features like the ability to acquire crypto. The new card is created for the sentiments of Gen Z who have an aversion to credit cards compared to previous generations according to the bank survey cited by Robinhood.