Revolut adds new crypto on the road to super app status

British fintech Revolution has released 22 new cryptocurrencies available for its customers in the European Union and the United Kingdom.

Like AltFi reported The Thursday (August 4) release brings the total number of tokens available through Revolut to over 40 and marks the third major addition of cryptocurrencies for sale since bitcoin was first allowed to be purchased five years ago.

Learn more: Revolut celebrates 7 years with 20 million customers

Among the new tokens are ApeCoin and Sandbox. The former is the cryptocurrency launched in March by the creators of the Bored Ape Yacht Club NFT series, and the latter is among the largest Ethereum blockchain-based metaverses, according to the report. The Request payment protocol and the Ethereum Classic blockchain development platform have also been added.

“We’ve given our offering a big boost while giving people more control over their finances and giving them secure access to new tools and services built in crypto,” said Emil Urmanshin, Chief Crypto Officer at Revolution.

The report notes that cryptocurrency has played a crucial role in Revolut’s efforts to become a financial super app.

Last month, Revolut marked its seventh year in business with three milestones: 20 million customers, 250 million monthly transactions and a workforce of over 5,000 people worldwide.

“We are still a young company, but our growth over the past few years shows the growing demand for our products all over the world,” said co-founder and CEO Nikolay Storonsky.

He added that the company’s journey has only just begun and that it plans to continue “pushing the boundaries of financial innovation” as it strives to develop a global super app.

See also: Revolut lets select customers earn rewards and learn more about crypto

Also in July, the company launched its Crypto Learn & Earn program, designed to teach users how to work with digital assets. Customers can learn about specific cryptocurrencies or the crypto frontier world and, in some cases, earn crypto.



About: Results from PYMNTS’ new study, “The Super App Shift: How Consumers Want To Save, Shop And Spend In The Connected Economy,” a collaboration with PayPal, analyzed responses from 9,904 consumers in Australia, Germany, UK and USA. and showed strong demand for one super multi-functional app rather than using dozens of individual apps.

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