Revolut X Soars to $115 Billion Valuation Amid Crypto Expansion

Revolut X has reached a valuation of $115 billion after its employee secondary stock sale, making it Europe's most valuable private company. The financial technology company behind Revolut X disclosed that it expects to generate pre-tax profits of $2.3 billion in 2025 and revenue of $6 billion. This valuation milestone comes as the company continues to expand its services, allowing users to trade over 200 types of crypto tokens through its main application. Additionally, the company operates an independent crypto exchange and has recently obtained a full banking license in the UK.

Revolut X is also seeking a national banking license in the United States, which would enable it to offer its services across the globe. The company's long-term goal is to reach an IPO valuation of $200 billion. While this ambitious target may seem lofty, Revolut X's recent achievements suggest that it is well on its way to achieving such heights.