Revolut, a digital bank that supports cryptocurrency, is now worth $115 billion after a secondary share offering. Its valuation has increased by 53% in less than a year.
CEO Nik Storonsky’s internal communication, which was leaked to the Wall Street Journal, stated that shares were worth $2,017 apiece. Instead of raising additional money for Revolut, this sale allows current shareholders and workers to sell their equity.
Revolut’s valuation has more than doubled from $45 billion in 2024, making it the most valuable private company in Europe. This is a big jump from its $75 billion valuation in November last year.
This new valuation puts Revolut ahead of rivals like Barclays, which has a market value of about $95 billion. However, Revolut’s price comes from a private deal, and the size of the transaction has not been shared.
In 2025, Revolut reported a pre-tax profit of $2.3 billion, a 57% rise. The company now serves more than 75 million clients and had a 46% increase in sales to $6 billion.
The company’s main app allows users to trade more than 200 cryptocurrency tokens and transfer assets to external wallets and stake holdings, in addition to running its own separate cryptocurrency exchange, Revolut X.
Last year, Revolut got a MiCA license to offer crypto services across the EU. It received a full U.K. banking license in March and has applied for a U.S. national bank charter. The company has also talked about aiming for a $200 billion valuation in a future IPO.
LATEST: 🏦 Revolut has hit a $115B valuation in a secondary share sale, making it Europe’s most valuable private company, per WSJ. pic.twitter.com/bBkm0hyixg
— CoinMarketCap (@CoinMarketCap) July 23, 2026
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