Revolut Global Digital Assets Limited secured a Distributed Ledger Technology (DLT) Provider license from the Gibraltar Financial Services Commission on Monday, opening a regulatory pathway for the UK-based neobank to scale cryptocurrency services into markets beyond the United Kingdom and European Economic Area.
The license expands Revolut's crypto infrastructure at a critical moment. The fintech operates across 80 million retail customers globally, with approximately 16 million actively trading crypto—a user base that signals substantial demand for expanded digital asset offerings.
Revolut currently manages crypto operations through two separate entities: Revolut Ltd handles UK services, while Revolut Digital Assets Europe Ltd operates across the European Economic Area under the EU's Markets in Crypto-Assets Regulation (MiCA). The Gibraltar subsidiary now provides a third regulatory umbrella for international expansion.
The company has not disclosed which specific countries it will enter first or launch timelines. However, prior regulatory wins point to an accelerating strategy. In July, Revolut received in-principle approval to offer crypto services in Dubai. In September, U.S. regulators granted preliminary conditional approval for a national bank charter that would enable digital asset custody and crypto payment services in the United States.
These three regulatory approvals—Gibraltar, Dubai, and the U.S. preliminary conditional greenlight—position Revolut to operate across major financial hubs simultaneously, removing geographic friction for its customer base.
