The platform says it has experienced a 1400% increase in the average monthly user signups this year compared to the previous year.
Currently, users of the popular trading app can only buy and sell cryptocurrencies within their Robinhood accounts.
Vlad Tenev will likely appear before a U.S. virtual hearing as lawmakers investigate the firm's recent trading restrictions, a Politico report says.
More than a million people signed up to trade cryptocurrencies after Robinhood first announced the feature, co-CEO Vlad Tenev said Wednesday.