Robinhood grows self-custody wallet integrations with MetaMask partnership

The partnership comes as MetaMask continues its multichain march and Robinhood prepares to announce earnings

article-image

Robinhood CEO Vlad Tenev | Permissionless I by Blockworks

share

Robinhood Connect, the wallet on-ramp launched by the investing and trading platform, has integrated with the self-custodial wallet app MetaMask. 

Consensys, the company behind MetaMask, and Robinhood announced the partnership Tuesday morning.

MetaMask wallet users will be able to purchase crypto through the financial services company’s order engine. Robinhood Connect launched in April 2023, allowing users to buy crypto via Robinhood outside of their Crypto accounts. 

The marriage is an unwieldy one at first blush: Robinhood’s Web3 wallet began allowing in-app swaps on the Ethereum network, typically MetaMask’s turf, in August of last year. 

But Lorenzo Santos, senior product manager at Consensys, called the partnership a “win-win-win” in an interview with Blockworks.

The two gain exposure to each other’s users while users gain an easier integration between the apps and increased price competition in the trading market, he added.

And despite its new self-custody wallet offering, MetaMask doesn’t view Robinhood as trying to capture the same market segment. 

MetaMask hinted at its future aspirations with the release of Snaps in September. Snaps allows MetaMask’s wallet to connect to non-Ethereum blockchains, send notifications, and provide encrypted storage, among other things.

Robinhood Connect previously teamed up with a slate of wallets, including Phantom — a popular Solana wallet — in August. 

This newest partnership may hint at a continued commitment to crypto from Robinhood, despite its tricky relationship with the asset class lately. 

The platform’s crypto trading revenue fell by 55% in Q3 of last year. Robinhood is expected to announce its Q4 earnings after market close on Feb. 13.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Upcoming Events

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research

article-image

Blockworks Research’s Boccaccio explains why he likes Plasma “overall”

article-image

Solana’s client ecosystem is growing, and that’s good news for decentralization

article-image

Trump’s team is feeling positive headed into the trade negotiation meeting in London

article-image

Machine learning model updates have helped address the problem, according to Coinbase’s VP of product

article-image

With over 5,000 participants, Union sets the stage for a high-speed, zero-knowledge interoperability layer

article-image

Bitcoin grew too big for these types of hypotheticals