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Revolut to offer returns on crypto holdings via 'staking'

Revolut is giving customers the chance to earn cryptocurrency rewards if they allow the lender to "stake" their coins to verify blockchain transactions, in a sign the digital bank is embracing crypto after a series of industry crashes. The feature will b

Revolut is giving customers the chance to earn cryptocurrency rewards if they allow the lender to "stake" their coins to verify blockchain transactions, in a sign the digital bank is embracing crypto after a series of industry crashes. The feature will be available to customers in Britain and around 30 other European countries as part of Revolut's plan to expand its crypto-related services, it said in a statement. Revolut was valued at around $33 billion in the last known funding round in 2021, making it then Britain's most valuable startup.

by wjb news
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