- Robinhood Crypto COO Christine Brown, the top executive within the Stock trading app’s crypto subsidiary, announced that she is leaving the company in a tweet.
- In a Twitter thread, she expressed thanks for her time in the company. Brown revealed that she is starting her own crypto venture.
- Brown joined Robinhood in 2017 and became the company’s first Crypto COO transitioning from VP of Product Operations in April 2021.
On Tuesday, in a tweet, the Robinhood executive who supervises the cryptocurrency initiative of the trading platform announced that she is leaving the company.
She expressed her gratitude for her time spent in the company. Brown revealed that she would be starting her own crypto venture in a Twitter thread.
She shares that she joined Robinhood when it was a company of fewer than 100 people, at a time when the firm didn’t even offer a crypto product. She adds that she has “the greatest professional experience” of her life, watching the company grow through IPO to foster more than 22 million users.
Brown started her journey with Robinhood in 2017, and in April 2021, she became Robinhood’s first Crypto COO transitioning from VP of Product Operations.
The highlight of Brown’s career at Robinhood is the pursuit of a dedicated crypto wallet. Although Robinhood allows its users to buy and sell seven different cryptocurrencies, Ethereum, Ethereum Classic, Litecoin, Bitcoin, Bitcoin Cash, and Bitcoin SV, they do not have the facility to send them to a private wallet. It means that the company holds the digital assets of users for them, making it unable to port them elsewhere for buying NFTs or trading on decentralized exchanges.
In January of this year, the company announced a beta release of the wallet. The exchange claims it currently has around 250,000 wallet users.
In a statement, Gretchen Howard, Robinhood’s COO, expressed the company’s gratitude towards Christine for her brilliant contribution to Robinhood over the past five years, especially mentioning her “self-clearing initiative to scaling the Robinhood Crypto team.” We’re excited to follow her entrepreneurial journey going forward,” she adds.
With a background in journalism, Ritika Sharma has worked with many reputed media firms focusing on general news such as politics and crime. She joined The Coin Republic as a reporter for crypto, and found a great passion for cryptocurrency, Web3, NFTs and other digital assets. She spends a lot of time researching and delving deeper into these concepts around the clock, and is a strong advocate for women in STEM.