{"id":137266,"date":"2024-09-16T12:00:43","date_gmt":"2024-09-16T09:00:43","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137266"},"modified":"2024-09-15T01:49:36","modified_gmt":"2024-09-14T22:49:36","slug":"revolut-ceo-sells-up-to-300-million-in-shares","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/revolut-ceo-sells-up-to-300-million-in-shares\/","title":{"rendered":"Revolut CEO Sells Up to $300 Million in Shares"},"content":{"rendered":"<p>In June 2024, Revolut was engaged in discussions with Morgan Stanley to offload $500 million in shares, achieving a valuation of $40 billion.<\/p>\n<p>Last month, Storonsky sold 40-60% of his Revolut shares through a secondary offering, generating between $200 million and $300 million.<\/p>\n<p>This transaction, led by D1 Capital Partners, Tiger Global, and Coatue, aimed to provide liquidity for employees and resulted in an increased company valuation of $45 billion.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/nvidia-ceo-dumps-104m-in-shares-amid-stock-volatility\/\" title=\"Nvidia CEO Dumps $104M in Shares Amid Stock Volatility\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/nvidia_wallpaper_1920x1080_001-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Nvidia CEO Dumps $104M in Shares Amid Stock Volatility<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>In July 2024, Revolut secured its UK banking license after overcoming three years of regulatory and compliance challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nik Storonsky, the founder and CEO of fintech powerhouse Revolut, has reportedly offloaded shares valued between $200 million and $300 million in the company.<\/p>\n","protected":false},"author":3,"featured_media":25612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-137266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Revolut CEO Sells Up to $300 Million in Shares<\/title>\n<meta name=\"description\" content=\"Nik Storonsky, the founder and CEO of fintech powerhouse Revolut, has reportedly 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