New Update: VeChain (VET) and VTHO Tokens Are Now Available For Trading on Revolut

VeChain, a prominent enterprise-focused blockchain platform, recently added its VET and VTHO tokens to Revolut, a well-known digital banking and investment app. This move is significant as it marks a step towards broader adoption of VeChain in the mainstream.

Revolut’s user-friendly interface and extensive user base of over 40 million people across 50 countries will provide enhanced accessibility to the VeChain ecosystem. With the inclusion of VET and VTHO, Revolut users can now explore a range of 170 cryptocurrencies along with stocks and commodities. This development brings several advantages for VeChain.

VeChain is live on the @RevolutApp!

Millions of users in more than 50 countries can now trade and hold $VET and $VTHO on the Revolut app.

This development represents a significant step in improving accessibility to VeChain's blockchain ecosystem. pic.twitter.com/mUH6rYNWAv
— vechain (@vechainofficial) June 10, 2024

Source: x.com/vechainofficial

Primarily, it expands accessibility, enabling millions to engage with VeChain’s tokens. Additionally, it brings mainstream validation; the listing on a major fintech platform such as Revolut validates VeChain’s credibility and demonstrates wider acceptance of blockchain technology.

Furthermore, VET and VTHO will be more easily accessible to users, improving their liquidity. Lastly, Revolut offers educational resources about cryptocurrencies, potentially increasing awareness among users about VeChain’s objectives and accomplishments.

In other news, Prominent Blockchain Analyst, Collin Brown has been reported on his X account that VeChain has obtained a patent for carbon trading technology, bringing their total patent count to 67.

🚀 VeChain has just secured a groundbreaking patent for carbon trading technology! This brings #VeChain’s total to 67 patents, showcasing its #blockchain innovation. 🌍💼

The patent covers acquiring ID and carbon behavior data from transport devices, converting it to carbon… pic.twitter.com/dVt5PN2WjV
— Collin Brown (@CollinBrownXRP) June 11, 2024

Source: x.com/CollinBrownXRP

This patent specifically focuses on obtaining identification (ID) and carbon data from transportation devices, converting it into carbon emission reduction equivalents using smart contracts, and storing it on a blockchain for trading. The overarching goal of this technology is to ensure data authenticity and simplify the process of carbon trading.

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Daniel Abang

Meet Daniel Abang: Crypto guru, content creator, and analyst. With a deep understanding of blockchain, he simplifies complex concepts, guiding audiences through the ever-changing crypto landscape. Trusted for his insightful analysis, Daniel is the go-to source for staying informed and empowered in the world of cryptocurrency.

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