Revolut Shuts Down Gold and Silver While Keeping Crypto Services Intact
Revolut will shut down its valuable metals buying and selling service throughout the European Union on June 15, 2026. The transfer ends buyer publicity to gold, silver, platinum and palladium in practically each EEA market. Meanwhile, its crypto enterprise retains rising.
The fintech cited Clause 6.5 of its Terms of Business and gave clients two months discover. Positions remaining after June 15 will probably be liquidated routinely at market charges.
A quiet wind-down for commodities
Affected clients acquired in-app notifications citing a current product evaluate.
Holdings could be bought manually within the app till the deadline. Commission charges charged throughout gross sales or compelled liquidation will probably be refunded as a one-off cost after June 15.
The shutdown spans greater than 30 European Economic Area markets, together with Germany, France, Italy, Spain, Ireland and Poland.
Revolut’s UK entity nonetheless provides valuable metals buying and selling, leaving a two-track construction between its British and European buyer bases.
No new sign-ups are allowed, and current customers can not enhance open positions. The service launched years in the past. Silver was added to the EEA line-up in 2020, with gold, platinum and palladium following.
Crypto Moves the Other Way
The wind-down stands in sharp distinction to Revolut’s trajectory in digital property. In October 2025, the corporate secured a Markets in Crypto-Assets (MiCA) license from the Cyprus Securities and Exchange Commission. The authorization grants passportable entry to 30 EEA markets.
Revolut X, its advanced crypto exchange, rolled out to those self same markets earlier this yr. It provides greater than 200 tokens and over 400 buying and selling pairs.
The firm additionally launched fee-free stablecoin-to-USD conversions below the brand new license.
Revolut reported $6 billion in 2025 income and $2.3 billion in pretax profit. Crypto was cited as a major development driver.
The Takeaway for Fintech Users
Early Revolut investor Max Karpis framed the shutdown as a industrial slightly than regulatory resolution. He pointed to low volumes and skinny margins because the seemingly set off.
That view is supported by the absence of any supervisory motion. Revolut invoked a regular contractual termination clause.
“This seems like a industrial resolution slightly than regulatory strain,” stated Karpis.
Some customers agree with the industrial view, whereas others argue that metals nonetheless have a spot in present portfolios.
Karpis additionally flagged exchange-traded funds as a natural replacement for the misplaced publicity.
For affected clients, Bitcoin, spot gold ETFs, and devoted brokerages with allotted steel stay exterior alternate options.
The episode highlights a recurring fintech trade-off. App-based publicity is handy, however it may be withdrawn rapidly when the economics cease working.
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