Revolut and Fireblocks will develop new cryptovrency products

London-based financial company Revolut will develop new cryptographic products together with Fireblocks, a digital asset security firm.
Today Revolut allows its customers to conduct transactions with BTC, ETH, LTC, XRP, BCH and XLM. However, the company's customers have to put up with a number of limitations, as they are unable to output cryptov currencies from the application. Fireblocks management said it will provide Revolut with the infrastructure to securely transfer digital assets, as well as create new technology solutions for private and corporate users.
"We are working closely with Fireblocks to explore all the opportunities that we can offer our customers. The cryptographic industry is growing at an unbelievable rate, so we plan to add advanced features that enable the use of cryptographic assets," said Ed Cooper, Revolut's cryptographic manager.

Fireblocks general manager Mikhail Shaulov added that there are many hot and cold storage options for digital assets. However, the infrastructure of Fireblocks will allow you to easily and safely transfer them from any cold storage and make calculations with them in large corporate networks. The solution will provide secure access to exchanges, liquidity providers, credit facilities and counterparties.

In June, Fireblocks launched the Secure Asset Transfer Network to securely transfer cryptovalues between institutional clients and also introduced the Know Your Transaction (KYT) tool from Chainalysis to track suspicious transactions.