Revolut has announced the listing of the RED token from Swiss oracle provider RedStone, opening access to the infrastructure supporting the real economy of assets.
RED Token on Revolut Platform
RedStone, a Swiss oracle provider, has announced the listing of its RED token on the Revolut platform. This marks the first time a decentralized infrastructure token tied to real-world asset adoption has become accessible to mainstream audiences.
Impact on Revolut Users
Revolut’s 60 million customers may become potential stakeholders in the data supporting tokenized funds and credit products from companies such as BlackRock, Apollo, and VanEck. "The infrastructure fueling RWAs was largely invisible to retail," said Marcin Kaźmierczak, Co-Founder of RedStone.
Revolut's Growth in Global Finance
Revolut's decision to list the RED token coincides with the company's strengthening position in global financial markets. The company announced a profit of $1.4 billion last year, along with 15 million new users, partly driven by its expansion into cryptocurrency.
The listing of the RED token provides Revolut users with a unique opportunity to participate in the real asset economy, broadening access to decentralized financial tools.