Media: Revolut to add cryptocurrency staking support

The fintech company Revolut this week will offer customers in the United Kingdom and the European Union the ability to stake Ethereum, Tezos, Cardano and Polkadot. AltFi reports this.

Staking yields will vary from 2.99% to 11.65%.

In April 2022, as part of its strategy to become a super app, Revolut announced development of a crypto wallet and the accompanying functionality.

Launch after beta testing began was planned for 2022.

In August, the company announcedexpansion of the headcount of the digital assets team by 20%.

Earlier in September, Revolut increased the number of supported cryptocurrencies for US customers.

Earlier, founder Nikolay Storonsky spoke about to launch his own token.