TechFlow news, on September 29, according to Techfundingnews, London-based fintech giant Revolut is considering a dual listing in London and New York, following a valuation of $75 billion. If implemented, the plan would make Revolut the first company to simultaneously list in New York and enter the FTSE 100 index.
Founder Nik Storonsky previously expressed skepticism about choosing London for listing, mainly concerned that the 0.5% stamp duty could dampen investor appeal. However, recent reforms appear to have shifted his stance, with new rules allowing companies of Revolut's size to fast-track into the FTSE 100 within five days.
Previous report, Decrypt reported that Revolut may be exploring the issuance of its own stablecoin.
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