In a move set to boost mainstream exposure and accessibility, Revolut has listed the native token of Ethereum Layer 2 project Taiko, giving its 45 million users across 50 countries direct access to purchase TAIKO through its platform.
According to the press release on April 7, the integration marks a major milestone for the Taiko ecosystem, which has gained significant traction since its mainnet debut in June 2024. Known for being the first Layer 2 to implement a “based rollup” architecture, Taiko leverages Ethereum’s native security and sequencing while enhancing speed and scalability. Ethereum co-founder Vitalik Buterin previously hailed the design as “ideal for Ethereum scaling.”
With TAIKO now available on Revolut, the token benefits from a seamless fiat-to-crypto on-ramp, potentially boosting liquidity and adoption. Revolut has been actively deepening its crypto presence, notably launching the Revolut X exchange for pro users in November 2024.
Despite this strategic listing, the token has yet to rebound from recent market pressure. TAIKO has slipped 13% in the last 10 days amid investor unease tied to escalating global trade tensions, trading at $0.56 with a market capitalization of roughly $54 million according to CoinMarketCap.
Meanwhile, the Taiko team continues to push development forward. The project recently concluded its first testnet batch following the Pacaya upgrade, an optimization aimed at faster transaction processing and improved scalability. On April 4, Taiko also announced the creation of its DAO Security Council, which includes prominent names like Nethermind, Aragon, L2Beat, Halborn Security, and Chainbound.
The Revolut listing follows a major milestone in Taiko’s journey, in May 2024 Taiko conducted an official mainnet launch. The launch marked a historic moment as Ethereum co-founder Vitalik Buterin proposed the first block, underscoring the project’s significance within the Ethereum ecosystem. Taiko, which had been under intensive development and testing since 2022, became the first Ethereum Layer 2 to implement a “based rollup” architecture.
As Revolut continues to expand its crypto services and Taiko strengthens its infrastructure, the new listing may serve as a catalyst for greater visibility and user engagement in the months ahead.
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