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Nov. 1, 2019
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The U.S.-based financial services company Robinhood Crypto has expanded its services in eight new states, including Delaware, Kentucky, Louisiana, Maine, Maryland, Minnesota, Nebraska, and Vermont.

From now on, the cryptocurrency-focused platform is available in more than 40 states and Washington D.C.

The company also announced it hired Sina Nader as Robinhood's new Head of Crypto.

"With an extensive background working in both the crypto industry and at some of the world’s leading banks, Sina brings valuable experience from roles that span the financial system," states the official announement.

In addition to that, Sina will reportedly focus on Robinhood's custody system, a core part of Robinhood Crypto.

Robinhood Receives Green Light From UK's Regulator

Earlier iHodl reported that Robinhood raised $323 million in Series E Funding Led by DST Global.

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