Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies, combined with its innovative banking solutions, continues to disrupt the financial sector, underscoring its position as a formidable player in the fintech industry. Back in May Revolut announced the UK launch of a new product, Revolut X, a stand-alone crypto exchange that is specifically designed for professional crypto traders.
Source: Bitcoin
