Is Robinhood Crypto FDIC insured?

Could you please clarify whether Robinhood Crypto offers FDIC insurance coverage for its cryptocurrency services? As a financial professional, I'm aware that FDIC insurance typically covers traditional banking products like checking and savings accounts, but I'm unsure if it extends to cryptocurrency trading and storage. With the increasing popularity of crypto investments, it's important for investors to understand the safety measures available to protect their assets. Clarifying this point would help investors make informed decisions regarding their cryptocurrency holdings.