MetaMask and Robinhood have joined forces to enable in-wallet crypto purchases.

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MetaMask today announced its partnership with Robinhood to enable in-wallet crypto purchases For America users, According to a recent MetaMask post. As part of the collaboration, Robinhood Connector will be integrated into MetaMask Buy Crypto, allowing users to buy and transfer cryptocurrency to self-custodial wallets or dApps.

Hello @RobinhoodApp customers 👋! We are pleased to announce that US users can now buy and transfer crypto on MetaMask on Robinhood Connect.

Click below to read more about the merger:

— MetaMask 🦊🫰 (@MetaMask) February 6, 2024

MetaMask Buy Crypto is a feature that allows users to buy cryptocurrencies directly from the MetaMask wallet. By ICombining the Robinhood relationship With MetaMask, users can facilitate crypto transactions with the Robinhood investment app, providing a seamless way for users to engage with the crypto market.

According to Consensus, the company behind Metamask, the partnership was born out of global research at Consensus Inc. 2023, which It involved over 15,000 participants from 15 countries. The survey findings show that despite crypto's widespread acceptance, Web3's technical barriers prevented more than 5,000 survey participants from engaging with the digital currency space.

MetaMask and Robinhood aim to solve this problem, making crypto more accessible to consumers. In addition, the cooperation promised to open the door brand new Users to explore crypto Simply.

Lorenzo Santos, Senior Product Manager at Consensus, explained the importance of the collaboration:

“We know that crypto and internet users want it It is greater Control and ownership. This will help more people access crypto-free and self-protection by providing more shopping options with providers they already use and trust.

Seong Lee, head of product at Robin Hood Crypto, believes so. Robinhood Connect integration Improves crypto access and user experience to MetaMask.

“Robinhood Connect provides a seamless experience for existing Robinhood customers to support their self-managed wallets via debit, bank transfer or Robinhood Purchase Power. This feature allows users to start using theirs Crypto immediately,” Lee said.

MetaMask and Robinhood are no strangers to crypto members. As the leading non-custodial Web3 wallet, MetaMask has become synonymous with secure and versatile cryptographic transactions. It has partnered with several payment giants such as Stripe and PayPal.

Meanwhile, Robinhood is a popular financial trading platform known for democratizing finance. The company recently launched a bitcoin exchange for US customers.

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