VeChain’s VET and VTHO Tokens Now Available on Revolut: Another Milestone for Mainstream Blockchain Adoption
Mainstream access to the native assets of leading blockchains are important for the adoption and usage of protocols. On that front, we’re excited to share that VeChain’s VET and VTHO tokens have recently been listed on the Revolut Retail App, a leading digital banking and investment platform.
The move marks a substantial leap forward in making VeChain’s blockchain platform more accessible. Revolut, known for its user-friendly, perk-filled banking app, recently finalised the listing of the VET and VTHO tokens, creating a pathway for its 40 million+ userbase to purchase, hold, and trade VET and VTHO with ease.
Revolut: A Fintech Powerhouse
Revolut, launched in 2015, has rapidly grown to become one of the most prominent names in the fintech industry. As of 2024, Revolut boasts millions of users worldwide, offering services ranging from traditional banking and money transfers to cryptocurrency trading and bespoke offers and services. The app’s intuitive interface and comprehensive suite of financial tools have made it a go-to choice for tech-savvy individuals looking for modern banking solutions.
The Revolut App is available in more than 50 countries, and handles over 330 million transactions per month. Notably, for investors and those interested in asset acquisition, it allows the purchasing of 170+ cryptocurrencies for users in 36 countries, as well as stocks, commodities and more, all through a simple, intuitive interface.
Another Key Milestone For Mass Adoption
The VeChainThor blockchain has long been considered a leader in enterprise blockchain adoption, and a platform for enhancing business processes with Web3. Our newest platform, VeBetterDAO, sees us open a new front in our adoption efforts, collaborating with Boston Consulting Group to accelerate both enterprise and end-user adoption through an incentive-based sustainability dApp platform.
Having quick, easy access to VET and VTHO through Revolut is a crucial step in enabling an ease of onboarding that can help the VeChain ecosystem and VeBetterDAO flourish in the years to come. For those unfamiliar, VeChainThor utilises a dual-token system — VET, which is used for value transfers, and VTHO, which is used to pay for transaction fees.
The listing of VET and VTHO into Revolut’s Crypto trading platform is a notable achievement for several reasons:
- Increased Accessibility: Revolut’s extensive user base means that millions of people can now easily access VeChain’s tokens, increasing accessibility and driving more broad adoption of the blockchain.
- Mainstream Recognition: Being listed on a major fintech platform like Revolut lends is a sign of our credibility and visibility, while signifying continued acceptance of blockchain technology by mainstream financial service providers.
- Enhanced Liquidity: The addition of VET and VTHO to Revolut’s trading options enhances the liquidity of tokens further, making them more readily available to end users.
- Educational Opportunities: Revolut offers educational insights about cryptocurrencies available on its platform, helping inform end users about our successes, mission and vision.
The March of Mainstream Acceptance
The addition of VeChain’s tokens into Revolut’s Crypto offerings is more than just a new listing; it represents a bridge being built between traditional finance and blockchain technology.
As financial technology companies like Revolut continue to embrace digital assets, they pave the way for broader acceptance and integration of blockchain solutions in everyday activities.
The addition of VET and VTHO to Revolut’s asset library hints at a future where emerging blockchain technology complements global infrastructure and enhances industries and sectors worldwide.
Download the Revolut app, here.
About VeChain
VeChain, headquartered in San Marino, Europe, is the curator of VeChainThor, a world-leading smart contract platform spearheading the real-world adoption of blockchain technology, and a proud pioneer in the field of real world asset tokenization (RWA), having worked with companies in the area since 2015.
By leveraging the capabilities of ‘trustless’ data (information without intermediaries), smart contracts, and IoT technologies, VeChainThor has enabled enterprise solutions across a wide array of fields.
VeChain now turns its attention to the greatest challenge of all — building digital ecosystems to drive sustainability and digital transformation at global scale.
Learn more on vechain.org
