How can I add images using the Rich Text Editor for Metaobjects?

When creating a Metaobjects, you have the option to include “Rich Text” or “Multi-Line Text”. Whenever “Rich Text” is referenced anywhere else in Shopify, it is a full text editor that allows text styling, links and images. The icon leads you to believe that this editor allows images. Is there an additional configuration to make this possible?

Would really like to see this implemented as well as tables.