Trust Wallet taps Revolut for crypto purchases in Europe

cointelegraphPubblicato 2025-12-11Pubblicato ultima volta 2025-12-11

Introduzione

Trust Wallet, owned by Binance co-founder Changpeng Zhao, has partnered with Revolut to enable direct crypto purchases for users in Europe. The integration allows buying Bitcoin, Ether, and Solana with a minimum purchase of €10 and a daily cap of €23,000. While stablecoins like USDC are not yet supported, the feature supports multiple fiat currencies with zero transaction fees. However, funding a Revolut account may incur charges. The move follows Revolut’s recent regulatory approval under MiCA and its $75 billion valuation.

Trust Wallet, the self-custodial crypto wallet owned by Binance co-founder Changpeng “CZ” Zhao, has partnered with European fintech unicorn and digital banking giant Revolut to introduce a new way to purchase crypto assets on its platform.

Trust Wallet users can now buy Bitcoin (BTC), Ether (ETH) and Solana (SOL) with Revolut through a direct integration, the company announced on Thursday.

With a minimum purchase starting at 10 euros ($12) and capped at 23,000 euros ($26,950) daily and per transaction, Trust Wallet’s new buy option is expected to provide a faster and easier way to access crypto from Europe.

In October, Revolut scored regulatory approval from the Cyprus Securities and Exchange Commission to offer crypto services across 30 European Economic Area markets in compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework.

Stablecoins like USDC not supported, for now

The integration will initially support only three crypto assets, but the companies said they expect to add stablecoins such as Circle’s USDC (USDC) at a later stage.

The feature enables zero-fee crypto purchases using multiple fiat currencies supported by Revolut, including the euro, the British pound, as well as the Czech koruna, Danish Krone, Polish Złoty and others.

While Revolut–Trust Wallet crypto purchases are offered with zero fees, adding money to a Revolut account is not free of charge in many cases, including via bank transfers, card top-ups and cash deposits. Cash deposits are subject to a 1.5% fee and are limited to $3,000 per calendar month, according to Revolut’s FAQs.

Related: Crypto self-custody is a fundamental right, says SEC’s Hester Peirce

The integration came shortly after Revolut secured a $75 billion company valuation after completing a private share sale in late November. “This makes us Europe’s most valuable private company and in the top 10 of the world’s most valuable private companies,” Revolut said in a post on X.

CZ-backed Trust Wallet has been actively tapping into trending market sectors, including prediction markets and real-world asset tokenization, expanding access to these offerings for self-custody users.

Cointelegraph contacted Revolut and Trust Wallet for comment on the integration, but had not received a response by publication.

Letture associate

OpenAI's Largest Internal Wealth Creation: 600 Individuals Cash Out $6.6 Billion Combined, 75 Take the Full $30 Million Cap

OpenAI conducted its largest-ever internal stock sale in October, allowing over 600 current and former employees to collectively cash out approximately $6.6 billion. About 75 individuals sold the maximum allowed amount of $30 million per person, a limit tripled from $10 million due to high investor demand. The tender offer was based on a $500 billion company valuation. President Greg Brockman confirmed in court that his OpenAI stake is worth around $30 billion. Employees collectively own about 26% of the company, with average paper wealth per employee around $1 billion, far exceeding pre-IPO norms at other major tech firms. Following a recent funding round at an $852 billion valuation and with monthly revenue reaching $2 billion, OpenAI is reportedly preparing for a potential trillion-dollar IPO in late 2026.

marsbit14 min fa

OpenAI's Largest Internal Wealth Creation: 600 Individuals Cash Out $6.6 Billion Combined, 75 Take the Full $30 Million Cap

marsbit14 min fa

Japan's Bond Market to Go Fully 'On-Chain'

The article details Japan's urgent move to tokenize its Government Bonds (JGBs) on the blockchain, specifically via the Canton Network, in a landmark 2026 proof-of-concept. With over $9 trillion in circulation, JGBs are a cornerstone of Asian institutional collateral, but their legacy settlement system is slow and limited to Tokyo business hours. This inefficiency risks JGBs losing their premier status to faster, 24/7 tokenized U.S. Treasuries, already being settled on Canton by giants like DTCC and JPMorgan. Canton Network was chosen for its unique architecture, enabling atomic, real-time settlements while ensuring strict data privacy and legal compliance—critical for sovereign debt. The shift to "always-on" collateral promises transformative benefits: reducing forced asset sales during market stress by allowing direct collateral posting, eliminating settlement risk in repo transactions, and integrating tokenized commercial bank deposits for institutional-grade cash settlement. This convergence of major sovereign bonds (U.S., Japanese, European) on Canton positions it as a potential new global financial rail, akin to SWIFT for collateral movement. The article frames this as a profound efficiency upgrade within the existing financial system, empowering traditional institutions with superior infrastructure rather than displacing them.

marsbit41 min fa

Japan's Bond Market to Go Fully 'On-Chain'

marsbit41 min fa

Funding Weekly Report | 14 Public Funding Events, Kalshi Completes $10B New Funding Round at $220B Valuation Led by Coatue Management

Weekly Funding Roundup: 14 Deals and $10.49B+ in Total Funding, Led by Kalshi's $1B Round Last week (5.4-5.10) saw 14 notable funding events in the global blockchain ecosystem, raising over $10.49 billion in total. Key highlights include Kalshi, a prediction market platform, securing a $1 billion round led by Coatue Management, reaching a $22 billion valuation. The platform now boasts ~2 million MAUs and $178B in annualized trading volume. In DeFi, regulated on-chain reinsurer OnRe raised $5 million in Series A funding, and Bitcoin-backed credit protocol Saturn Credit completed a $2 million seed round. For Infrastructure & Tools, OpenTrade raised $17 million to expand its stablecoin yield infrastructure, and RWA platform Balcony secured $12.7 million to deploy its property settlement service in the US. Centralized Finance saw one deal: AI-driven trading platform Stockcoin.ai completed a seed round led by Amber Group. In the prediction market sector alongside Kalshi, AI-powered platform Elastics raised $2 million. Other notable deals include SC Ventures' strategic investment in crypto market maker GSR and Centrifuge securing a "seven-figure" investment from Coinbase to become a core RWA partner for Base. On the investor side, Haun Ventures raised a new $1 billion fund targeting crypto and AI, and Multi Investment raised ~$616 million to focus on blockchain and Web3 investments.

marsbit45 min fa

Funding Weekly Report | 14 Public Funding Events, Kalshi Completes $10B New Funding Round at $220B Valuation Led by Coatue Management

marsbit45 min fa

"The Big Short" Prototype Doubles Down on AI Crash Bets: Continues Shorting NVIDIA, Palantir, While Buying Software Stocks

"Big Short" legend Michael Burry is ramping up his bet against the AI frenzy. While the Nasdaq hits record highs and Nvidia's market cap nears $5.3 trillion, Burry is maintaining and expanding his bearish positions. He continues to hold put options on Nvidia and Palantir, has added direct short positions in Palantir, and expanded puts on semiconductor ETF SOXX, Nasdaq 100 ETF QQQ, and Oracle. Simultaneously, he is buying traditional software stocks like Adobe, Autodesk, Salesforce, and Veeva Systems, which he sees as unfairly punished by the AI narrative. This creates a complete long-short hedge portfolio betting on an "AI bubble repricing." Burry's thesis is that AI infrastructure is overbuilt, comparing Nvidia to Cisco during the dot-com bubble. He argues major cloud providers are extending GPU depreciation schedules to inflate profits and that demand projections are overly optimistic. While his Palantir short is currently profitable, his Nvidia puts are deeply underwater as the stock nears all-time highs. He remains undeterred, believing a market correction will see overvalued AI beneficiaries fall and oversold "AI loser" stocks rebound.

marsbit49 min fa

"The Big Short" Prototype Doubles Down on AI Crash Bets: Continues Shorting NVIDIA, Palantir, While Buying Software Stocks

marsbit49 min fa

"The Big Short" Burry and Legendary Investor Jones Warn in Unison: AI Frenzy Reminiscent of Pre-Crash 2000

Michael Burry, famous for predicting the U.S. housing market crash, warns that the current stock market obsession with artificial intelligence resembles the final stages of the dot-com bubble. In a recent post, Burry noted that financial media is dominated by AI talk, and markets no longer react logically to economic data like jobs reports or consumer sentiment. Instead, stocks are rising simply because they have been rising, driven by a widely accepted two-letter narrative—AI—akin to late 1999 and early 2000. He compared the Philadelphia Semiconductor Index's sharp rally to the period just before the March 2000 tech crash. Similarly, legendary macro trader Paul Tudor Jones compared the AI-driven rally to the pre-dot-com bubble era of 1999, suggesting the bull market might have another year or two to run. However, he cautioned that if valuations continue to expand—potentially pushing the stock market capitalization to GDP ratio to 300-350%—a severe and dramatic correction would eventually follow. Both investors highlight the exuberant, speculative fervor around AI stocks, drawing parallels to past market manias preceding significant downturns.

marsbit1 h fa

"The Big Short" Burry and Legendary Investor Jones Warn in Unison: AI Frenzy Reminiscent of Pre-Crash 2000

marsbit1 h fa

Trading

Spot

Futures