Revolut, the global financial super app with more than 20 million customers worldwide, announced that it has “expanded its crypto offering to launch 29 new tokens for US* users, via a new partnership with Apex Crypto.”
Customers can now “buy and sell a total of 36 cryptocurrencies directly within the Revolut app using available fiat currency.” Popular tokens that have been added to Revolut’s offering reportedly “include DOGE, AVAX and SOL.”
Revolut seeks “to lower the barriers to entry and unlock the power of a borderless economy.”
Users can “gain access to the tokens and begin trading on the Revolut platform after simply reading and accepting the terms.”
As part of the company’s goal to be the safest place to trade, use and learn about crypto, Revolut regularly “communicates with customers that crypto tokens are volatile assets and prices can change quickly.”
The full portfolio of 36 cryptocurrencies now available in the US*, including the 29 new tokens are:
- Aave (AAVE)
- Algorand (ALGO)
- ApeCoin (APE)
- Avalanche (AVAX)
- Bancor Network Token (BNT)
- Basic Attention Token (BAT)
- Bitcoin (BTC)
- Bitcoin Cash (BCH)
- Cardano (ADA)
- Chainlink (LINK)
- Chiliz (CHZ)
- Compound (COMP)
- Cosmos (ATOM)
- Curve DAO (CRV)
- Decentraland (MANA)
- Dogecoin (DOGE)
- Enjin Coin (ENJ)
- Ethereum (ETH)
- Ethereum Classic (ETC)
- Gala (GALA)
- Internet Computer (ICP)
- Litecoin (LTC)
- Loopring (LRC)
- Maker Dao (MKR)
- Polygon (MATIC)
- Republic (REN)
- Shiba Inu (SHIB)
- Solana (SOL)
- Stellar (XLM)
- SushiSwap (SUSHI)
- Synthetix (SNX)
- Tezos (XTZ)
- The Graph (GRT)
- Uniswap (UNI)
- Yearn Finance (YFI)
- Filecoin (FIL)
Mazen Eljundi, Global Business Head of Crypto at Revolut, commented:
“Today we’ve more than quadrupled our token portfolio to give our customers access to a much more diverse crypto offering. Revolut is opening up the world of cryptocurrencies, offering fee-free trading (up to $200,000 per month) at the touch of a button. This is just one of many significant launches we have planned, and are excited for what’s to come.”
To enable its crypto offering for the US*, Revolut has “chosen Apex Crypto LLC, a subsidiary of Apex Fintech Solutions Inc. under the Apex Digital Assets business line, as its sole crypto service provider.”
Rachel Saunders, CEO of Apex Digital Assets, said:
“We are pleased to provide our turnkey solutions to Revolut as we partner to empower retail users across the US with an accessible and streamlined crypto investing experience.”
Revolut has “tripled headcount in its crypto team since July 2021 and intends to grow the team by a further 20% in the next six months – primarily in the US, UK and Europe.”
Revolut launched in the US in March 2020, “offering financial services to both retail and business customers, including banking, foreign exchange, crypto and stock trading. Revolut has nearly half a million customers in the US as well as circa 150 employees and is actively recruiting in the US.”
In June, Revolut announced “the appointment of Sid Jajodia to the position of US CEO to accelerate the company’s growth in the United States.”
Revolut Ltd, a company established in the United Kingdom, “offers a wide range of financial products through its financial superapp, and crypto trading is an increasingly popular feature.”