At a glance

  • The Gibraltar Financial Services Commission (GFSC) has authorised Revolut Global Digital Assets Limited, a newly formed Revolut entity, as a distributed ledger technology (DLT) provider, the company and Gibraltar’s government said on Monday.
  • Revolut says the entity will support crypto services in international expansion markets. It has not named those markets or given a timeline.

Revolut Global Digital Assets received a permission under Part 7 of Gibraltar’s Financial Services Act covering the transmission and execution of crypto orders, custody of crypto and staking, the government said in a press release.

Revolut has more than 80 million retail customers and over 16 million crypto users, the company said in its own announcement. It plans to announce the regions and services the entity will cover “in due course”, The Block reported.

“Securing our DLT authorization from the GFSC reflects our commitment to operating at the highest standards of regulatory compliance,” Emil Urmashin, Revolut’s general manager for crypto and new bets, said in a statement shared with The Block.

Gibraltar’s government said Revolut has also fully resumed onboarding Gibraltar residents to its app. The government expects to issue three more DLT permissions this week, it said.

Where it fits

Gibraltar left the EU with the UK, so a GFSC permission is not an authorisation under MiCA, the EU’s crypto rulebook (what MiCA is). Revolut already serves EU customers through Revolut Digital Assets (Europe) Ltd.

ESMA’s interim register lists that entity as authorised by Cyprus’s securities regulator on 20 Oct 2025, with services passported to 29 countries in the European Economic Area. In the UK, crypto runs through Revolut Ltd.

Revolut received conditional approval from the US Office of the Comptroller of the Currency last month as it pursues a US bank charter, according to The Block. Another European fintech move in our recent coverage was Payward’s deal for Lithuania’s Saldo Bank.

Revolut said details on target markets would follow.

Get the week’s raises and deals in The Ledger Weekly.

This article is for information only and is not investment advice.