Gibraltar-registered crypto assets-exclusive personal wealth management mobile phone application B21 has teamed up with Rev Group, the maker of the Revollet eWallet; which supports fiat-crypto deposits, withdrawals, exchanges and over-the-counter (OTC) services; to offer the e-wallet users premium access to its crypto investment products and regulated funds.
Through the agreement, Revollet will also provide B21 with banking services including debit cards and IBAN accounts.
Rev Group CEO Yoshikatsu Anzai said in a press release CoinReport received from Transform Group, B21’s PR agency, “At Rev Group, we’re continually expanding our services by offering the ability to invest in crypto and spend it in the real world. We’re growing our range of services by partnering with industry-leading, regulation focused companies like B21 to deliver an exceptional user experience.”
B21 co-founder Miles Paschini commented, “With a strong user base in Asia, our partnership with Rev Group helps us service new markets and promote global adoption of the B21 Invest app. We look forward to collaborating with Rev Group to provide Revollet users with easy access to the rapidly expanding range of crypto asset investment opportunities.”
B21 says it is a full-service investment platform that takes the complexity out of crypto investing. Whether sophisticated or non-technical, investors using the app will be able to create and manage a diverse portfolio of crypto assets, said the news release. The app will let users set targets, contribute funds and follow progress via a user-friendly dashboard.
The company says it has applied for a custodial license to abide by governmental laws regarding cold storage of customer funds, protection of customer assets, maintaining accurate transaction records and segregation of customer and firm funds. B21, by being a custodian, removes the requirement for people to hold their own private keys.
In addition to the Revollet e-wallet, Rev Group’s suit of products includes prepaid cards, currency exchange, Tradebook and remittance services. Tradebook is the company’s FX trading platform for MT5, mobile and web. The company is also enabling customers to spend digital currencies online and at brick and mortar stores, and cash withdrawals at ATM cash networks.
Airdropping its tokens to Revollet customers as an incentive to join the B21 platform is also part of B21’s plan.
Images via Transform Group