Blockchain startup Revuto’s REVU token has become the first ever Cardano native asset to be listed on KuCoin and Gate.io, tier 1 centralized exchanges, Invezz learned from a press release. Revuto manages the subscriptions of the first mobile wallet and ICO on Cardano and achieved record growth since launch four months ago.
Leading the way by listing REVU
Revuto’s CEO and co-founder Vedran Vukman said:
We are proud to make history again with REVU, after being the first ICO, publishing the 1st Cardano lite wallet and breaking records with our growth – we are now the first to list on tier 1 CEXs, KuCoin and Gate.io. The process included multiple legal openings for our utility token, from top legal firms including both US and EU legislations, with audits being in process and led by the global leader blockchain security. We also partnered with Skynet Trading for institutional-grade liquidity solutions. Our ethos is to work only with the best; to ensure our customers and investors enjoy the best products and returns. It may take longer, and is often the more difficult way – but it’s the right way to build long term value.
All retail investors can buy REVU starting January 7
All retail investors can buy REVU on KuCoin and Gate.io starting Friday, January 7. They have every reason to as Revuto helps people save money on their subscriptions. In an ICO in May, Revuto raised $10 million in mere minutes. So far, they have received 3 million early signups for the app.
More than 300,000 people around the world have registered with the app since August, making this fintech startup the fastest growing of its kind across the globe.
Launch of virtual debit cards and DeFi services in the future
Presently, Revuto is preparing to introduce its virtual debit cards to let users pay for subscriptions with Cardano native tokens and manage subscription seasonality. They will launch DeFi services to help people pay for their subscriptions later this year.
The introduction of liquidity pools for micro borrowing and lending is also a significant announcement. These pools will let users provide liquidity to others and earn yield.
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from Cardano – Invezz
