Revolut, a digital bank serving over 45 million users worldwide, has become the first banking data publisher to join the Pyth Network. This partnership allows Revolut to provide real-time digital asset price data to decentralized finance (DeFi) applications, enhancing the accuracy and reliability of financial data within the DeFi ecosystem.
By integrating its data into Pyth's price feed, Revolut has connected traditional finance with Web3, supporting the development of decentralized applications (dApps) that rely on accurate market information. This collaboration demonstrates Revolut's commitment to modernizing finance and contributing to the growth of the DeFi sector.
Mazen ElJundi, Global Business Director of Revolut, stated: "The partnership with Pyth is a significant milestone in the journey of modernizing finance. As DeFi continues to evolve, Pyth's position as the industry's foundation will enable Revolut to contribute to this transformation."