Revolut valued at $115 billion, becoming Europe's most valuable private company

According to Odaily, a financial technology company, a certain exchange reached a valuation of 115 billion USD in its employee secondary stock sale, becoming the most valuable private company in Europe.

This exchange disclosed that its projected pre-tax profit for 2025 is 2.3 billion USD, with revenue of 6 billion USD. Its main application allows users to trade over 200 types of crypto tokens, transfer assets to external wallets, and stake their holdings. The company also operates the independent crypto exchange Revolut X.

This exchange recently obtained a full banking license in the UK and is seeking a national banking license in the United States. The company's IPO valuation target is 200 billion USD.