Revolut has given its 60 million customers a backstage move to the real-world asset (RWA) revolution. By itemizing RedStone’s RED token, the fintech large is enabling retail traders to stake within the oracle community quietly powering BlackRock, Apollo, and VanEck’s on-chain methods.
Abstract
- Revolut lists RedStone’s RED token, opening retail entry to the oracle infrastructure behind real-world belongings.
- The transfer permits 60 million Revolut customers to take part in staking and governance of a key DeFi community.
- RedStone helps 170+ protocols, together with tokenized funds from BlackRock, Apollo, and VanEck.
In line with a press launch shared with crypto.information on August 13, Swiss-based oracle supplier RedStone has secured an inventory for its RED token on Revolut’s platform. It marks the primary time a decentralized infrastructure token tied to real-world asset adoption has been made accessible to a mainstream retail viewers.
The transfer successfully positions Revolut’s 60 million clients as potential stakeholders within the knowledge layer supporting tokenized funds and credit score merchandise from BlackRock, Apollo, VanEck, and others.
“Till now, the infrastructure fueling RWAs was largely invisible to retail,” stated Marcin Kaźmierczak, Co-Founding father of RedStone. “This itemizing is a giant step towards making the information financial system behind real-world belongings extra accessible and participatory.”
Learn extra: Bullish IPO nets $1.1b, becoming a member of Circle, eToro in crypto’s public surge
From hidden infrastructure to a retail-accessible asset
The RED token offers Revolut customers direct publicity to the financial layer behind on-chain value feeds. Via the Revolut app, clients should buy RED, stake it to earn rewards, and strengthen the reliability of RWA markets within the course of.
This staking mechanism isn’t nearly yield; it’s a stake within the infrastructure itself. With over $8.5 billion in whole worth secured throughout 110+ chains and nil recorded downtime, RedStone’s observe document lends credibility to what would possibly in any other case appear to be an summary wager. For retail, it’d present an unprecedented alternative to revenue from the expansion of RWAs with out holding the underlying belongings.
The event arrives at a time when Revolut is deepening its presence in international finance. In line with the press launch the fintech platform reported $1.4 billion in revenue final 12 months, alongside 15 million new customers, a surge partly fueled by its aggressive crypto enlargement. With Revolut X and different regulatory-compliant choices, the corporate is positioning itself as a bridge between conventional finance and digital belongings.
You may additionally like: Why are Bitcoin and altcoins like Solana, BNB, XRP going up at the moment? (13/8)
