2023-02-10
Revolut, a European
digital bank from the United Kingdom is offering crypto staking service to
customers. The staking tokens available are Polkadot, Tezos, Cardano, and
Ethereum. Crypto staking can provide stable yields to investors. Users need to
pay fees from every cryptocurrency transaction, making crypto staking service
grow. The trend in the future is cryptocurrency market is growing in many years
to come.
Yields On Revolut Staking
Polkadot 11.65%
Tezos 4.59%
Ethereum 3.88%
Cardano 2.79%
About Revolut
Revolut is a European fintech company based in the United Kingdom. The company founded by Nikolay Storonsky and Vlad Yasenko. It raised funds on seed round from Level39 incubator, similar to Y-Combinator in the US. Then, it raised more than $800 million from Series A to Series D round. SoftBank and Tiger Global gave $800 million funds to Revolut at 33 billion valuation. Revolut's users grow from 100k in 2016 to 15 million in 2021 and 25 million in 2023. Revolut is a digital bank, it provides debit and credit cards and digital wallets. Users can trade stocks and crypto on Revolut. Its revenue in 2020 was 261 million pounds. Its profits run at a loss of 168 million pound in 2020.
