Revolut hits $75B valuation following share sale, global push
PositiveCryptocurrency
- Revolut has successfully completed a private share sale, achieving a valuation of $75 billion, with participation from major investment firms and allowing employee share sales. This marks a significant milestone in the company's growth trajectory.
- The successful share sale reflects increasing investor confidence in Revolut's business model and its expansion plans, highlighting the company's ability to attract substantial financial backing from prominent investors such as Coatue and Fidelity.
- This development underscores a broader trend in the cryptocurrency sector, where companies are increasingly leveraging private funding rounds to fuel growth, amidst a competitive landscape that includes notable players like Kraken, which recently raised significant capital for expansion.
— via World Pulse Now AI Editorial System
