Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: sirty143 on July 16, 2021, 10:05:02 AM

Title: Softbank leads $800M investment for banking app Revolut
Post by: sirty143 on July 16, 2021, 10:05:02 AM

(https://i.imgur.com/ZWqRknAm.jpg)

Revolut, a major British banking app featuring cryptocurrency investment, has secured $800 million in a new funding round. The new investment round is led by Japanese financial giant SoftBank and United States hedge fund Tiger Global, which collectively hold around 5% in Revolut... See more for yourself here (https://cointelegraph.com/news/softbank-leads-800m-investment-for-banking-app-revolut).

Your opinion is greatly appreciated.

Title: Re: Softbank leads $800M investment for banking app Revolut
Post by: TomPluz on July 17, 2021, 04:07:01 AM

So this Revolut must have done the regulatory requirements in the UK financial system for it to openly operate in the British market without any problem for cryptocurrency. There is a trend right now of many big institutions rushing into platforms involved in cryptocurrency. One thing for sure: they must be seeing that soon the market will eventually rise again and make a big bull run.