Revolut completes $75B share sale
PositiveCryptocurrency

- Revolut has successfully completed a share sale that values the company at $75 billion, reflecting its rapid global expansion and record revenues in the digital banking sector. This milestone was achieved with participation from major investment firms, underscoring the company's growing influence in the cryptocurrency market.
- The $75 billion valuation signifies a substantial achievement for Revolut, positioning it as a leader in the digital banking landscape. This successful fundraising round not only enhances its financial standing but also allows for employee share sales, fostering a sense of ownership among staff.
- This development occurs amid a broader resurgence in cryptocurrency venture capital, with significant investments flowing into the sector, particularly following the FTX collapse. Revolut's integration of blockchain technologies, such as its partnership with Polygon for USDC and USDT payments, further illustrates its commitment to innovation and efficiency in financial transactions.
— via World Pulse Now AI Editorial System







