Robinhood Crypto now available to New York customers

Robinhood Crypto is now available to residents of New York, per an e-mail the firm sent to customers this morning.

Robinhood had announced in January that its cryptocurrency product would be available to customers, following the company's securing of a coveted BitLicense. Robinhood's announcement a year prior that it was getting into crypto made a big splash, with more than 1 million sign-ups within a few days.

At launch, seven cryptocurrencies are available to New York customers for fee-free trading 24 hours per day, 7 days a week: Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Ethereum Classic, Litecoin, and Dogecoin.

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Mike Dudas is one of the founders of The Block and was the CEO until April 2020 and a board member until April 2021. Prior to starting The Block, Mike was co-founder and CRO of Button, the leading global, mobile performance marketing platform. Mike is a builder of mobile commerce businesses, having worked at Google, Braintree/Venmo and PayPal. Early in his career, Mike worked in corporate M&A and strategy for Disney. Mike earned a BA from Stanford and an MBA from Kellogg.