Sui Blockchain Partners with Revolut
Layer 1 blockchain Sui has announced a partnership and collaboration with the banking service provider Revolut. The partnership aims to bolster awareness and adoption of blockchain technology among Revolut’s user base of 40 million customers globally. This collaboration also seeks to open new avenues for Sui’s growth, particularly across Europe.
Sui’s Entry into Revolut Learn Program
As part of the partnership, Sui will utilize Revolut’s Learn program and its educational content to educate a relatively untapped global audience of potential future crypto users at scale. Participants will gain insights into Sui’s underlying technology and its growing ecosystem.
- The partnership will attract new users interested in exploring the unique possibilities offered by blockchain technology.
- Reaching a massive, international audience is expected to help Sui maintain its growth trajectory and democratize access to information about crypto and novel technology.
Greg Siourounis, Managing Director of the Sui Foundation, expressed that by joining forces with Revolut, they have the opportunity to introduce millions of users to Sui, providing the technological underpinnings for businesses to build solutions and empowering individuals to access products and services seamlessly.
Kotryna Baldovskaja, Crypto Global Business Development Manager at Revolut, mentioned that integrating Sui’s educational content into Revolut’s Learn program aims to equip users with knowledge about the impressive technological breakthroughs in crypto and the opportunities within the Sui ecosystem.
Sui’s Total Value Locked Surpasses $700 Million
Sui recently surpassed the $500 million milestone in Total Value Locked (TVL) and has continued to climb. As of March 27, its TVL stands at $703 million, according to DeFiLlama. This marks a significant growth from the $212.88 million TVL recorded at the end of 2023.
- The SUI token has seen a nearly 15% increase in the past 24 hours, trading at $2.07.
- Its price has appreciated by 30% in the last month.
On another front, Revolut recently partnered with the popular crypto wallet MetaMask to launch Revolut Ramp for users in the UK and European Economic Area (EEA). Revolut Ramp enables users to on-ramp within seconds, allowing them to purchase new coins directly into their MetaMask wallets using 18 fiat currencies or their bank cards.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
