Robinhood Adds Support for MATIC Transfers on Polygon Network

PIc Source:benzinga.com
Retail brokerageRobinhood Markets IncHOOD has enabled transfers on the PoligonMATIC/USD network.

What happened: Robinhood said on Wednesday that users could send and receive MATIC tokens on Polygon in addition to Ethereum/USD.

Until recently, Robinhood users could only transfer a list of supported tokens on the Ethereum blockchain. Additional support for multi-chain transfers in Polygon means that MATIC can be retired on two blockchains depending on users' choice.

Earlier this year, Robinhood unveiled plans for a multi-chain Web3 wallet that includes non-custodial features and the ability for users to trade and trade cryptocurrencies with zero fees.
Robinhood CEO Vladimir Tenev had said the platform would allow users to easily access DeFi protocols and store NFT in decentralized marketplaces while maintaining full control over their coins.

We've all seen crypto winters and crypto summers. And many of the protocols and products that were talked about today were built during the last crypto winter, Tenev said at the time.
Details:https://www.benzinga.com/markets/cryptocurrency/22/08/28710819/robinhood-adds-support-for-matic-transfers-on-polygon-network