VeChain’s VET and VTHO Tokens Listed on Revolut, Expanding Blockchain Accessibility - Blockchain.News

VeChain’s VET and VTHO Tokens Listed on Revolut, Expanding Blockchain Accessibility

VeChain's VET and VTHO tokens are now available on Revolut, enhancing blockchain accessibility.

  • Jun 08, 2024 03:54
VeChain’s VET and VTHO Tokens Listed on Revolut, Expanding Blockchain Accessibility

VeChain has announced that its native tokens, VET and VTHO, are now listed on the Revolut platform, marking a significant step towards mainstream blockchain adoption. According to VeChain Official, this development makes it easier for the public to access and trade these tokens via Revolut's user-friendly digital banking app.

Revolut: A Fintech Powerhouse

Revolut, founded in 2015, has quickly become a leading name in the fintech industry. The platform boasts millions of users worldwide and offers a wide array of services including traditional banking, money transfers, and cryptocurrency trading. Known for its intuitive interface, Revolut handles over 330 million transactions monthly and supports purchasing more than 170 cryptocurrencies in 36 countries.

Another Key Milestone For Mass Adoption

The addition of VET and VTHO to Revolut’s trading platform is a notable milestone for VeChain and its ecosystem. The VeChainThor blockchain is renowned for its enterprise solutions and aims to enhance business processes using Web3 technologies. The VeBetterDAO platform, in partnership with Boston Consulting Group, exemplifies VeChain's commitment to accelerating both enterprise and end-user adoption through incentive-based sustainability applications.

Easy access to VET and VTHO tokens via Revolut is expected to facilitate greater adoption of the VeChain ecosystem. The dual-token system of VeChainThor — with VET used for value transfers and VTHO for transaction fees — simplifies the onboarding process for new users.

The March of Mainstream Acceptance

The listing of VeChain’s tokens on Revolut goes beyond increasing availability. It represents a bridge between traditional finance and blockchain technology. As financial tech companies like Revolut embrace digital assets, they pave the way for broader acceptance and integration of blockchain solutions in everyday activities.

This development hints at a future where blockchain technology complements global infrastructure, enhancing various industries and sectors worldwide.

About VeChain

Headquartered in San Marino, Europe, VeChain is the creator of VeChainThor, a leading smart contract platform for real-world blockchain adoption. Since 2015, VeChain has been pioneering real-world asset tokenization and providing enterprise solutions across multiple fields by leveraging trustless data, smart contracts, and IoT technologies.

VeChain is now focused on building digital ecosystems to promote sustainability and digital transformation on a global scale.

For further details, visit VeChain’s official announcement here.

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