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Fintech Firm | Revolut | $250 Million | XRP | BCH | Cryptocurrency news

Revolut, the London-based digital banking startup that claims its platform is the “easiest, fastest way to buy, hold and exchange Bitcoin, Ether, and Litecoin at the best possible exchange rate,” announced the addition of Ripple and Bitcoin Cash to its trading options. The announcement includes news that the company raised a $250 million Series C investment round and is now valued at $1.7 billion.

DST Global, a company that was early investors in Facebook and Spotify, led the funding round, which included other high profile venture capital firms Index Ventures and Ribbit Capital.

 Launching a crypto-enabled platform that fits within regulation is no easy task. During TechCrunch’s Disrupt Berlin conference last December, CEO of Revolut Nikolay Storonsky touched on Revolut and its crypto service strategy.
“Despite being one of the hottest trends in the world ri...

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