Robinhood is venturing into the decentralized finance arena, recently adding Ethereum swap features to its crypto wallet.

The feature allows users to swap Ethereum-based tokens without the need to hold ETH, with fees automatically deducted from existing tokens.

Additionally, the platform announced support for sending, receiving, and custody of Bitcoin (BTC) and Dogecoin (DOGE).

The development aims to increase Robinhood's functionality beyond traditional trading and into a complex financial ecosystem.