Invezz

REVU token, the first Cardano native asset listed on KuCoin and Gate.io

REVU token, the first Cardano native asset listed on KuCoin and Gate.io
Daniela Kirova
Jan 04, 2022, 09:00 AM
  • Revuto manages the subscriptions of the first mobile wallet and ICO on Cardano
  • All retail investors can buy REVU on KuCoin and Gate.io starting Friday, January 7
  • More than 300,000 people around the world have registered with the app since August

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:

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.