Revolut Delays IPO to 2028 After $75 Billion Valuation Boost; BitGo Launches $81.6 Billion Mint
Revolut extended its IPO timeline to at least 2028, opting for secondary share sales that lifted its valuation to $75 billion last November. BitGo’s launch of BitGo Mint under its new federal trust bank charter supports $81.6 billion in assets, strengthening its stablecoin infrastructure and heightening competition in digital payments.
1. Revolut Extends IPO Timeline
Revolut CEO Nik Storonsky set the company’s target IPO date for 2028, emphasizing the need for public company trust. He indicated Revolut will continue secondary share sales every one to two years, with the most recent round in November valuing the fintech at $75 billion, up from $45 billion a year earlier.
2. BitGo Mint Launch and Federal Trust Bank Charter
BitGo converted to a federally chartered national trust bank in December 2025 and listed on the NYSE in January 2026, positioning it in a regulated framework. Its April 2 launch of BitGo Mint enables institutions to mint and manage stablecoins within an $81.6 billion custody platform, supporting two tokens backed by US Treasuries and cash equivalents.