Elrond teams up with Revolut to rain its Eglds on investors

Elrond makes his Revolut(ion) – In the cryptosphere, we no longer present the Elrond project. Since the launch of its blockchain, the team has introduced and evolved many technological innovations. The network can thus process up to 15,000 transactions per second (TPS), with a latency of 6 seconds and a negligible cost. Its stated objective? Become the backbone of an internet economy ” without permission “, borderless and accessible to everyone around the world. His latest feat? The protocol is now partnering with banking giant Revolut.

Le Journal du Coin offers you this promotional article in collaboration with Elrond.

A global strategy for the democratization of cryptos

While the competition struggles to obtain real visibility with the general public, the Elrond blockchain network is on a flawless journey in its quest for democratization. Last stroke of brilliance to date, a major partnership with the English bank Revolut. This will now offer the native token EGLD for listing for all its customers.

The most innovative and disruptive fintech startups revolve around crypto. They bring with them unique talent pools and fully engaged communities. When you add to that a vision that transcends its own product and industry, you get a “game changer”. Elrond is such a project. That’s why we’re delighted to be able to offer EGLD to Revolut customers and help them achieve their vision of an inclusive global financial system.

Beniamin Mincu, CEO of Elrond Network

Revolut thus gives the opportunity to introduce a wider audience to payments “frictionless” which are central to Elrond’s vision. In effect, the EGLD token is the worthy representative of a new class of digital assets. A token used on the network to power, democratize the transfer of any type of value in complete transparency.

Elrond and Revolut, the synergy of cryptos and traditional banking

Located at the intersection of traditional financial infrastructures and Web3, Revolut is now used by more than 20 million customers in 36 countries. An ideal gateway if there is one for more and more investors wanting to gain a foothold in the buoyant sector of digital assets.

Beniamin Mincu the CEO of Elrond Network communicates a lot on Twitter.  It has just announced a partnership with Revolut in order to democratize access to its token the EGLD
Beniamin Mincu in person announces the news

Indeed, since its launch in 2015 in the United Kingdom, Revolut has grown significantly beyond the simple exchange product, adding new features and services. The question of a foray into the crypto sector was only a matter of time and choosing a partner in his image.

LikeElrond which multiplies legal procedures, the company’s constant efforts in terms of regulatory compliance have helped it to obtain important approvals from the competent national financial authorities. Permissions in the banking and crypto sectors that have contributed to its accelerated expansion into new markets. An approach that has made it the fastest growing technology company in Europe, with a current valuation of $33 billion.

It is therefore only natural that the two giants in their respective fields have just signed this major partnership. Thanks to this operation, the EGLD token becomes accessible directly to all Revolut customers. A small revolution since it is no longer necessary to go through the tedious creation of an account with any exchange. From there to think that Elrond could be the first crypto of a future long list, there is only one step.

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