Revolut has partnered with Pyth Network to contribute its
price data to the decentralized finance (DeFi) ecosystem. This collaboration
allows Revolut to serve as a data publisher for Pyth, providing trusted price
information to market participants.
Revolut Expands Crypto Reach with Pyth
“Our partnership with Pyth is an important milestone in
Revolut’s journey to modernize finance. As DeFi continues to gain traction,
Pyth’s position as the backbone of the industry will help Revolut capitalize on
this transformation,” Mazen Eljundi, Global Business Head of Crypto at
Revolut commented.
Founded in 2015, Revolut quickly gained popularity by
offering fee-free financial services, including international money transfers
and cryptocurrency trading.
Bringing Market Data to DeFi
With over 45 million users in 200 countries, Revolut has
become a key player in consumer finance. Its partnership with Pyth marks a
shift as traditional financial institutions engage with DeFi technologies to
enhance transparency in digital asset markets.
“By working with Pyth to provide our reliable market
data to applications, Revolut can influence digital economies by ensuring
developers and users have access to the precise, real-time information they
need.” —Eljundi added.
Enhancing Web3 with Partnership
As a publisher for Pyth, Revolut will contribute
its digital asset price data to Pyth Price Feeds, supporting decentralized
applications (dApps) and Web3 capital markets. This collaboration allows
Revolut to expand its digital asset offerings without fully engaging in active
trading or committing capital. The partnership also strengthens Pyth’s role as
a reliable data source, trusted by both Web3 and institutional players.
Revolut’s involvement in the Pyth Network represents the
growing convergence of traditional finance and decentralized finance. Through
this partnership, Revolut continues to push the boundaries of digital finance
while contributing to the transparency and accessibility of the DeFi ecosystem.
Revolut has partnered with Pyth Network to contribute its
price data to the decentralized finance (DeFi) ecosystem. This collaboration
allows Revolut to serve as a data publisher for Pyth, providing trusted price
information to market participants.
Revolut Expands Crypto Reach with Pyth
“Our partnership with Pyth is an important milestone in
Revolut’s journey to modernize finance. As DeFi continues to gain traction,
Pyth’s position as the backbone of the industry will help Revolut capitalize on
this transformation,” Mazen Eljundi, Global Business Head of Crypto at
Revolut commented.
Founded in 2015, Revolut quickly gained popularity by
offering fee-free financial services, including international money transfers
and cryptocurrency trading.
Bringing Market Data to DeFi
With over 45 million users in 200 countries, Revolut has
become a key player in consumer finance. Its partnership with Pyth marks a
shift as traditional financial institutions engage with DeFi technologies to
enhance transparency in digital asset markets.
“By working with Pyth to provide our reliable market
data to applications, Revolut can influence digital economies by ensuring
developers and users have access to the precise, real-time information they
need.” —Eljundi added.
Enhancing Web3 with Partnership
As a publisher for Pyth, Revolut will contribute
its digital asset price data to Pyth Price Feeds, supporting decentralized
applications (dApps) and Web3 capital markets. This collaboration allows
Revolut to expand its digital asset offerings without fully engaging in active
trading or committing capital. The partnership also strengthens Pyth’s role as
a reliable data source, trusted by both Web3 and institutional players.
Revolut’s involvement in the Pyth Network represents the
growing convergence of traditional finance and decentralized finance. Through
this partnership, Revolut continues to push the boundaries of digital finance
while contributing to the transparency and accessibility of the DeFi ecosystem.
This post is originally published on FINANCEMAGNATES.
