Revolut has partnered with MetaMask to introduce Revolut Ramp, a new feature that allows users to easily top up their MetaMask wallets using their Revolut accounts. This collaboration aims to streamline the process of adding crypto to self-custody wallets for users in the U.K. and European Economic Area (EEA).
Users will have the option to make crypto purchases directly into their MetaMask wallets using their fiat currency balance in their Revolut account, or by paying with Visa or Mastercard. This integration seeks to provide users with more control over their crypto assets in a user-friendly and familiar platform.
Lorenzo Santos, senior product manager at Consensys, the developer behind MetaMask, emphasized that this partnership is centered around meeting users’ needs and enhancing crypto accessibility and adoption. By leveraging established platforms like Revolut and MetaMask, the goal is to make the world of crypto more accessible to a broader audience.
In related news, Revolut recently announced plans to launch a cryptocurrency targeting “advanced traders” to complement its existing basic crypto services available to its extensive customer base of 40 million users. However, the company temporarily suspended crypto services for business customers in the U.K. last December due to new regulations issued by the Financial Conduct Authority (FCA) regarding crypto promotions.