Revolut to offer returns on crypto holdings via ‘staking’

Published by
Reuters UK

By Elizabeth Howcroft LONDON (Reuters) – Revolut is giving customers the chance to earn cryptocurrency rewards if they allow the lender to “stake” their coins to verify blockchain transactions, in a sign the digital bank is embracing crypto after a series of industry crashes. The feature will be available to customers in Britain and around 30 other European countries as part of Revolut’s plan to expand its crypto-related services, it said in a statement. Revolut was valued at around $33 billion in the last known funding round in 2021, making it then Britain’s most valuable startup. But its 202…

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