Robinhood Crypto: Rumors are circulating the crypto industry this Tuesday morning. Normally, we see rumors of exchanges adding certain cryptocurrencies – but today, things are a little different.
Robinhood Crypto: Looking for Crypto Engineers – Why?
The week has only just kicked off, and yet, we’re already seeing speculation regarding the future of Robinhood, a stock and crypto trading app.
On June 26th, Robinhood posted a job advertisement.[1] Specifically, Robinhood announced that it is actively seeking multi-skilled crypto engineers. But why?
The advertisement makes a reference to the creation of a crypto wallet. As a result, many are now speculating that Robinhood wants to hire crypto engineers so that it can create its very own storage option.
If you’re reading this, and you’re a crypto engineer, then you may have just found yourself a job! There are some requirements, however, according to the advertisement.
Here are two:
Build New Functionality
Those applying for the crypto engineering position will have to “build out new functionality.” Robinhood provided the following examples: add new virtual currencies and provide functionality for a wallet.
Utilize Blockchains
As a crypto engineer, says Robinhood, prospective candidates will need to know how to “utilize blockchains for new features or infrastructure.”
The Takeaway
As a crypto trading app, Robinhood is actively involved in the crypto industry. However, the company has become even more so as of late. Last month, the company brought in $368M in order to expand its Robinhood Crypto spin-0ff.
Moreover, earlier this month, reports surfaced that Robinhood may be trying to get its hands on a US banking license.
But is the potential crypto wallet going to consume everyone’s minds? If one is
