Source: Coindesk.com
Early employees of startups are often given shares as part of their compensation, which they can sell when the company goes public. Revolut may be aiming to allow employees to cash out their holdings while giving the fintech firm's valuation a boost ahead of an IPO.
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The post "Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ" appeared first here Coindesk.com.
Source: Coindesk.com
