UK Digital Bank Revolut Plans to Launch Native Token and Non-Custodial Crypto Wallet

Nik Storonosky, CEO of UK-based digital bank Revolut, said in an interview that Revolut's planned native token (which will not be a stablecoin) is designed to reward customer loyalty and make loyalty tradable. Users will be rewarded based on how often they use it. In addition, Revolut is building a non-custodial crypto wallet on Ethereum and will later expand to multiple chains.