This partnership lets Revolut broaden its cryptocurrency offering
Revolut has announced its integration with Elliptic, the crypto assets risk management and blockchain analytics company.
That means UK Revolut Metal customers are now able to withdraw cryptocurrency and their transactions are recorded on the blockchain, for the first time.
Since 2018, they have been able to hold crypto assets. With this launch, Revolut’s customers are able to spend their cryptocurrency, send it to personal wallets, or transfer it to other services such as exchanges.
Revolut will use Elliptic Lens, Navigator and Forensics in the UK to give visibility over risks, and the knowledge to block high-risk crypto asset transactions.
We’ve reported that Revolut now offers 11 new cryptocurrencies.