Revolut Adds 29 New Tokens In The US
Crypto platforms Revolut did not hesitate to grow despite the bears’ dominance.
Once more, this divided the market. Some platforms were busy exploring new territories, while others were busy firing staff members in response to the bear market’s wrath. Well-known platforms like Binance, Crypto.com, FTX, and others were able to open up shop lawfully all over the world. Now, London-based neobank Revolut decided it would not sit on the sidelines and immediately entered the cryptocurrency industry.
Revolut and Paxos partnered back in 2020 with the goal of providing crypto services to US citizens. But in August, this came to an end. Many people claimed that the company had turned toward the US as a result of the success of Robinhood’s cryptocurrency division. Revolut was now on a quest to bring in more tokens for its users in an effort to spruce up the competition. In order to improve its services, the company recently teamed with cryptocurrency service provider Apex Crypto.
29 new coins have reportedly been added by the company for its US clients. Popular coins including Shiba Inu [SHIB], Dogecoin [DOGE], Solana [SOL], and Avalanche [AVAX] were among those on this list.
Revolut global business head for crypto Mazen Eljundi further stated:
“Today we’ve more than quadrupled our token portfolio to give our customers access to a much more diverse crypto offering.”
Revolut grows its crypto division
The London-based bank was close to eliminating rivals like Coinbase and Robinhood when some of its data was stolen by a third party. According to recent allegations, the company was attacked, and 0.16 percent of its 20 million members’ personal information was stolen.
The company confirmed that the attacker was unable to access any of the money that was kept on the site. Revolut allegedly sent emails to the impacted clients assuring them that nothing was wrong.
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