Revolut Partners with MetaMask for Crypto Wallet Integration
Date: 2024-03-06 Author: Dima Zakharov Categories: BUSINESS
Revolut has entered into a partnership with MetaMask, enabling users to seamlessly transfer funds from their Revolut accounts to their MetaMask cryptocurrency wallets. The collaboration aims to provide users with greater control over their digital assets while leveraging platforms they already know and trust.
Revolut's upcoming feature, Revolut Ramp, will facilitate this integration, simplifying the process for users to replenish their MetaMask wallets from their Revolut accounts. Lorenzo Santos, a senior product manager at Consensys, expressed that the partnership aligns with users' desires for enhanced control over their cryptocurrencies through familiar and trusted platforms.
Santos emphasized the significance of this collaboration in fostering broader cryptocurrency adoption. This move follows Revolut's announcement in February 2024 regarding its plans to launch a cryptocurrency exchange tailored for experienced traders, offering advanced market analytics and a wider range of services.
Previously, in October 2023, reports surfaced regarding Mastercard's exploration of partnerships with cryptocurrency wallet providers, including MetaMask and Ledger. This further illustrates the growing trend of traditional financial institutions embracing the cryptocurrency ecosystem, aiming to meet evolving consumer demands.
