Revolut reached a $75 billion valuation after a secondary share sale led by Coatue, NVIDIA and Fidelity, the London-based fintech said Monday. The deal reflects strong investor appetite for established fintechs with crypto offerings and provides liquidity to early shareholders.
Kraken said it raised $800 million in a funding round valuing the exchange at $20 billion, signaling strong investor appetite for crypto infrastructure. The deal, announced Tuesday, positions Kraken to accelerate growth and compliance efforts.
Thinking Machines Lab, the AI startup founded by ex-OpenAI executive Mira Murati, is reportedly in early talks to raise a funding round at about a $50 billion valuation, Bloomberg said Thursday. The company and valuation are still unconfirmed as talks continue.