TechFlow reported on December 16, citing the Financial Times, that since August last year, employees and early investors of UK fintech startup Revolut have sold nearly $1 billion worth of shares, following support from major financial institutions for the company's UK banking license and a valuation reaching $45 billion.
Previous report, according to two sources familiar with the matter, Revolut is planning to launch its own stablecoin, with the project currently in an advanced stage. A Revolut spokesperson stated the company intends to expand its cryptocurrency business with a "compliance-first" strategy, aiming to become a safe haven for the entire crypto community.
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