Crypto-Friendly Revolut Sets Sights on $45 Billion Valuation in New Share Offering
Revolut, a digital bank with a strong focus on cryptocurrencies, plans to sell $500 million in employee shares, aiming for a $45 billion valuation.
This move is a strategic step toward a potential Initial Public Offering (IPO).Revolut’s innovative approach to crypto and banking is reshaping the financial sector. Recently, in May, the company launched Revolut X in the UK, a standalone crypto exchange tailored for professional traders, further solidifying its position in the fintech industry.
Clever Robot News Desk 25th July 2024
