Revolut to Launch its Own Crypto Token

Revolut, a London based FinTech company has recently announced expansion of the firm as there are plans to launch its own cryptocurrency token that would initially be available to European and other US markets to begin with.

According to the reports coming from Revolut, they are planning to bring out a cryptocurrency token of their own and this would be available initially in London and US markets. The token is dubbed as "Revolut coin" and will be usable on the platform for free services and everyday purchases like payment transfers and ATM withdrawals.

Token holders will be able to have premium access to features such as discounts, rewards and other benefits within the platform.

The company started providing cryptocurrency buying and selling services in 2017. But it started expanding its crypto offerings this year, increasing its crypto-asset offerings to 53.