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Revolut adds 11 new cryptocurrencies for customers in US and UK

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This takes the total number of cryptocurrencies available on Revolut’s platform to 50

London-headquartered financial technology company Revolut has added 11 new cryptocurrencies for its customers in the US and UK, media reports said. Some of the cryptocurrencies that were added are Cardano, Uniswap, Synthetix, Yearn Finance, Uma, Bancor, Filecoin, Numeraire, Loopring, Orchid, and the Graph. This takes the total number of cryptocurrencies available on Revolut’s platform to 50.

In a blog post, Revolut said, “You asked for new tokens, we’ve delivered. We’ve been tracking hot tokens and top movers to bring our UK and EU customers 11 new cryptocurrencies.”
Last year, the neobank added cryptocurrency trading to its platform, accessible by its clients in the US. In order to launch the new service, Revolut partnered with New York-based trust company Paxos.

The neobank made its entry into the US market earlier in March last year and also plans to expand in Southeast Asian countries such as Singapore and Japan and Australia.
Last month, Revolut exited Canada after 18 months of launching its beta version in the country. The neobank has been aggressively expanding around the globe in the past two years. After 18 months in Canada with the beta version, the company sent out emails to their customers stating the withdrawal from the country.

According to a local media, the email cited, “This has been a difficult decision, but we’ll do everything we can to make this process as smooth as possible for you. We really appreciate your support and trust as we work on our global expansion and we hope to be able to return to Canada in the future.”

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