Digital Bank Revolut Taps Fireblocks to Support New Crypto-Based Services

Digital Bank Revolut Taps Fireblocks to Support New Crypto-Based Services

Announced Thursday, Revolut will use Fireblocks’ platform to offer new cryptocurrency services for its retail customers


Related News

Fireblocks adds Coinbase co-founder to board of directors

The addition of the Coinbase co-founder to Fireblocks’ board followed a $30 million funding round. Digital asset security platform Fireblocks announced that it would be adding Fred Ehrsam to its board following a recent funding round.In a Nov. 18 statement, Fireblocks said that Ehrsam, co-founder of crypto exchange Coinbase, would be joining the firm as a board member after a $30 million funding round to expand its global operations. Ehrsam left Coinbase in 2017 and went on to co-found crypto investment firm Paradigm.“Fireblocks has become the go-to for any business looking to build new....

Crypto Security Firm Fireblocks Raises $30 Million in Series B Funding, Targe...

Crypto security firm Fireblocks said Wednesday that it has raised $30 million in a Series B funding round. The money will be used to hire new talent as well as to expand its global operations to meet “institutional and retail market demand for digital assets.” The round was led by Paradigm, with participation from Fireblocks’ existing investors – Galaxy Digital, Digital Currency Group, Cyberstarts, Tenaya Capital, Swisscom, and Cedar Hill Capital, according to a company statement. “With the new injection of capital, we will be able to continue to grow our....

Digital Asset Firm Fireblocks Raises $30M to Gird for ‘Influx in Customer Dem...

Fireblocks plans to maintain its standing as “the biggest player in crypto-native markets” but also wants to go after institutional players.

Crypto-friendly app cautions users to 'reassess' XRP holdings

Revolut warned users that their XRP funds could be stuck "in a worst-case scenario." Revolut, a crypto-friendly trading app, is reportedly issuing a strong warning to its customers regarding buying and selling XRP.According to news outlet The Irish Times, the fintech firm recently sent out a notice to its customers saying it was still possible for the firm to delist or restrict trading on XRP with little or no notice. Revolut warned users that their funds could effectively be stuck without the means to sell tokens even if the price falls to zero “in a worst-case scenario.”“It’s important....

Payment Provider Revolut Raises $66 mln, Adds Bitcoin, Other Crypto ‘Next Week’

UK-based payment provider Revolut has raised $66 mln in Series B funding to fund expansion into cryptocurrency exchange. Revolut, founded two years ago by ex-Credit Suisse trader Nikolay Storonsky, aims to compete with bank-issued credit and debit cards by offering multiple currencies and fee-free international transfers. “As early as next week,” Bloomberg reports, the startup aims to launch a feature allowing its users to “hold, exchange, spend and transfer virtual currencies such as Bitcoin, Litecoin and Ethereum for free.” “Adding cryptocurrencies and the ability to buy and sell them is....