As the boundaries between traditional and decentralized finance blur, Revolut—a global leader in digital banking—has partnered with Pyth Network as a data publisher to contribute its trusted price data to the decentralized finance (DeFi) ecosystem.
With millions of users worldwide, Revolut has revolutionized consumer finance by offering an array of services, from international money transfers to cryptocurrency trading—all within a single platform.
Launched in 2015 to challenge traditional banks, Revolut quickly became a popular choice with its fee-free, user-centric financial services. By joining Pyth Network as a publisher, Revolut now brings its price data to the DeFi ecosystem, making this critical information accessible to all market participants.
This partnership marks a significant shift as financial institutions from the banking world begin to harness Pyth’s advanced oracle technology to improve transparency and reliability in digital asset markets, establishing Pyth as a mainstream, universal solution trusted by both Web3 and institutional players.
How Pyth and Revolut are Shaping the Future of Finance
This partnership represents a turning point for the financial sector, as major global institutions and their vast user bases begin to engage with Pyth to help enhance the transparency and reliability of both traditional and decentralized markets.
As a publisher for the Pyth oracle network, Revolut will contribute its proprietary digital asset price data to Pyth Price Feeds to secure the operations of hundreds of downstream dApplications (dApps) and advance the growth of the Web3 capital markets. Revolut’s market expertise and digital asset technologies enable them to help secure the crypto data offerings of Pyth Price Feeds, the most demanded asset feeds by application developers building the future of finance.
In turn, Pyth Network enables traditional and Web2 players like Revolut to safely and rapidly expand their crypto and digital asset operations, allowing them to explore and deepen their involvement in the Web3 space without, for example, committing capital or engaging in the complexities of active trading. By simply publishing its own price data to the Pyth oracle, Revolut is making a significant impact on the digital asset space and helping pave the way for more transparent, fair, and accessible markets.
Transforming On-Chain Finance–with Pyth
Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut began as a solution to costly foreign exchange fees, enabling users to transfer and spend money globally without hidden charges. Over time, it evolved into a financial super-app, offering services like international transfers, cryptocurrency trading, stock investments, and travel insurance—all within a single platform.
With over 45 million users across 200 countries, Revolut has transformed how individuals and businesses engage with financial services, removing barriers that traditional banks once upheld. As Revolut integrates cutting-edge digital solutions, its partnership with Pyth Network becomes a natural progression, further bridging the gap between traditional finance and decentralized finance as these worlds continue to converge.
"Our partnership with Pyth is an important milestone in Revolut's journey to modernize finance. As DeFi continues to gain traction, Pyth's position as the backbone of the industry will help Revolut capitalize on this transformation. By working with Pyth to provide our reliable market data to applications, Revolut can influence digital economies by ensuring developers and users have access to the precise, real-time information they need.” — Mazen Eljundi, Global Business Head of Crypto at Revolut
Join the Revolution
Developers looking to modernize the way our markets work today need an answer to the oracle problem—bringing off-chain data to the on-chain world trustlessly. With Pyth, developers not only enjoy access to the price data necessary for securely running smart contract applications, they also benefit from ultra-low latency, high-fidelity price updates. Data speed and accuracy matter, and thanks to the financial institutions and banks, including Revolut, contributing their data to the Pyth oracle, builders can access over 500 real-time feeds for digital and traditional assets.
The ever-increasing involvement of established financial institutions signals a new era where traditional finance converges with decentralized finance in performance, while DeFi continues to lead in accessibility. As globally-trusted institutions like Revolut step forward to become market data publishers for the Pyth Network, the wider Web3 ecosystem can tap into this previously inaccessible information and roll out the next generation of financial services and applications – enabling dApps to compete with apps.
If you want to join the next generation of finance, you can learn more about what it means to become a Pyth Network market data publisher and how you can help shape the markets of tomorrow.
“Pyth’s collaboration with Revolut is part of a larger trend we’re seeing, where traditional banking institutions, trusted by millions of customers globally, are recognizing the value of decentralized finance and digital assets. Together, we are driving the future of finance, where transparent and reliable data empowers the next generation of financial applications.” — Mike Cahill, CEO of Douro Labs and contributor to the Pyth Network
There’s a revolution in the way we do finance, and it’s now powered by Pyth.
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