Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ
Revolut has been in talks with investment firm Greenoaks over the sale, which would pave the way for a potential IPO
Revolut has been in talks with investment firm Greenoaks over the sale, which would pave the way for a potential IPO
Declines of 5.6% in ICP and 5.2% in AVAX dragged the index down in overnight trading.
Ethereum has more utility than Bitcoin with features like liquid staking, but the question among the ETH ETFs performing as well as BTC ETFs remains ahead of trading.
One question is whether the protocol can pull in loyal bitcoin users – or if it will eventually end up on an Ethereum-compatible layer-2 network atop Bitcoin.
The latest price moves in crypto markets in context for July 23, 2024.
Bitlayer’s layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.
The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.
Libre is unveiling a new tokenized offering, the blockchain-based Hamilton Lane SCOPE senior credit fund, which will be available on Solana and Ethereum-compatible chains.
Layer-2 adoption has been impressive since the Dencun upgrade in March, with transactions on these blockchains increasing around 20%, the report said.
“As one of the world’s leading cryptocurrency exchanges, we strive to comply with financial regulations in all regions in which we operate,” a blog on Gate.io said.