Revolut considers dual listing in London and New York, previously valued at $75 billion

According to ChainCatcher, London-based fintech giant Revolut is considering a dual listing in London and New York, following a previous valuation of $75 billions. If the plan is implemented, Revolut would become the first company to be listed in New York and simultaneously enter the FTSE 100 index.

Founder Nik Storonsky has expressed skepticism about choosing a London listing, mainly due to concerns over the 0.5% stamp duty's impact on investor appeal. However, recent reforms appear to have changed his stance, as new regulations allow companies of Revolut's size to quickly enter the FTSE 100 index within five days. Previous reports indicated that Revolut may also be exploring the issuance of its own stablecoin.