Revolut Reaches $75 Billion Valuation, Exploring Stablecoin Launch
Global neobank Revolut has achieved a significant valuation of $75 billion following a recent share sale. This valuation reflects strong investor confidence amid the company's expansion into cryptocurrency services.
Revolut's financial performance shows a 72% revenue surge to $4 billion in 2024 and a 149% increase in pre-tax profit to $1.4 billion. The company has over 65 million retail customers globally and its Revolut Business arm generates $1 billion in annualized revenue.
The neobank has been involved in crypto since 2017 and recently expanded its services to 30 European countries. Obtaining a MiCA license from Cyprus and partnering with Polygon indicate a strategic push into digital assets, fueling speculation about a potential stablecoin launch.


Cryptovka
Revolut Soars to $75 Billion Valuation, Hints at Stablecoin Launch Amid Crypto Expansion
Global neobank Revolut has significantly boosted its valuation to an impressive $75 billion following a recent share sale, signaling strong investo...




