Revuto Cryptocurrency Company to Raise $1.75 Million on Bitcoin Network

04/13/2023 13:25 • Digital Disruptors • 147 views

According to reports, cryptocurrency financial technology company Revuto has announced plans to raise $1.75 million by selling Ordinals Inscription at a valuation of $20 million on the Bitcoin network, involving approximately 8% equity. Revuto mainly provides users with active subscription management using virtual debit cards, which can achieve seamless transactions between cryptocurrency liquidity and real-world economic transactions, and use Web3 technology to help users protect their funds. It is reported that the company will sell 1500 Ordinals to retail investors this time, allowing holders to own shares of the company. According to the latest data from Dune Analytics, the current number of Ordinals inscriptions on the Bitcoin network is 1095402, and the current cost has reached approximately 5.2 million US dollars. （cryptonews）

Crypto fintech company Revuto plans to sell Ordinals on Bitcoin network to raise $1.75 million

Cryptocurrency financial technology company Revuto has announced exciting plans to raise $1.75 million by selling Ordinals Inscription at a valuation of $20 million on the Bitcoin network. This move will involve approximately 8% equity and is set to take the company to new heights in the cryptocurrency industry.

What is Revuto?

Revuto is a cryptocurrency financial technology company that provides users with active subscription management using virtual debit cards. This virtual payment solution enables seamless transactions between cryptocurrency liquidity and real-world economic transactions. Revuto prides itself on using Web3 technology to help users protect their funds.

The Latest Revuto Announcement

Revuto has announced its intention to sell 1500 Ordinals to retail investors. By doing this, shareholders will own a share in the company. This move shows how committed Revuto is to democratizing the cryptocurrency industry and enabling more people to participate actively.

Ordinals Inscription in the Bitcoin Network

According to the latest data from Dune Analytics, the current number of Ordinals inscriptions on the Bitcoin network is 1095402, and the current cost has reached approximately 5.2 million US dollars. This figure shows just how lucrative the crypto industry can be for those who know how to navigate it.

What This Means for Revuto and the Crypto Industry

Revuto’s new announcement is bound to attract interest from both retail and institutional investors. This new capital injection will enable the company to expand its services and grow even larger. Moreover, this move can signal a renewed interest and confidence in cryptocurrency, which has largely been subdued since the vast market crash of 2018.
Investors are keen to get involved in the crypto market once again, thanks to the global economic instability that has occurred due to the Covid-19 pandemic. Cryptocurrency has proven itself to be a robust financial vehicle that can weather even the toughest economic times.

Conclusion

Revuto’s plans to raise $1.75 million by selling Ordinals Inscription, a digital certificate of ownership, at a valuation of $20 million on the Bitcoin network is an exciting development in the world of cryptocurrency. The move shows how passionate Revuto is about democratizing the industry and enabling more people to participate actively. With the global interest in cryptocurrency continuing to grow, this move can signal a new era of financial stability and growth, with companies like Revuto leading the way.

FAQs

1. What is Revuto?
Revuto is a cryptocurrency financial technology company that provides users with active subscription management using virtual debit cards.
2. What is Ordinals Inscription?
Ordinals Inscription is a digital certificate of ownership on the Bitcoin network.
3. What does Revuto’s announcement mean for the crypto industry?
Revuto’s announcement shows how committed the company is to democratizing the industry and enabling more people to participate actively. It also signals renewed confidence and interest in cryptocurrency, which has largely been subdued since the vast market crash of 2018.

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