Revolut listing RED Token 60 million users can participate in the RWA Oracle Machine network

【Coin World】Revolut has given its 60 million users a backstage pass to the revolution of real-world assets (RWA). By listing RedStone's RED Token, this fintech giant is enabling retail investors to participate in the oracle machine network that quietly supports the on-chain strategies of a certain asset management company, a certain investment firm, and a certain asset management company.

According to the press release shared on August 13, the Switzerland-based Oracle Machine provider RedStone has secured the listing of its RED Token on the Revolut platform. This marks the first time a decentralized infrastructure token related to the adoption of real-world assets is available to a mainstream retail audience. This move effectively positions Revolut's 60 million customers as potential stakeholders in the data layer supporting tokenized funds and credit products for certain companies.

RedStone co-founder Marcin Kaźmierczak stated: "So far, the infrastructure powering RWA has largely been invisible to the retail sector. This listing is an important step towards making the data economy behind real-world assets more accessible and participatory."

The RED Token allows Revolut users to directly access the economic layer behind on-chain price information. Through the Revolut app, customers can purchase RED, stake it to earn rewards, and in the process, enhance the reliability of the RWA market. This staking mechanism is not just for profit; it is also an investment in the infrastructure itself. RedStone has over $8.5 billion in total value across more than 110 on-chain networks and has not recorded any downtime, providing credibility to what may seem like an abstract wager. For the retail industry, this could offer an unprecedented opportunity to profit from the growth of RWA without holding the underlying assets.

This development comes as Revolut deepens its influence in the global financial sector. According to a press release, the fintech platform reported a profit of $1.4 billion last year, along with 15 million new users, a surge attributed in part to its aggressive cryptocurrency expansion. With Revolut X and other regulatory-compliant services, the company is positioning itself as a bridge between traditional finance and digital assets.

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WhaleWatchervip
· 3h ago
rwa is a new trend
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TokenRationEatervip
· 08-13 17:30
Isn't this a copied anchor protocol?
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PumpBeforeRugvip
· 08-13 17:22
Dare to list anything
View OriginalReply0
LiquidationWatchervip
· 08-13 17:13
careful... rwa plays can get ugly. seen too many get rekt in 2022
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