U.K. digital bank Revolut Ltd. is in talks with Tiger Global Management about a $500 million share sale. It will be a secondary market sale, meaning no new shares will be issued, but instead involves employees selling existing shares. Revolut has hired Morgan Stanley to assist with the sale, which could value Revolut at more than $40 billion.
Haruko, a UK-based digital asset investment management platform, has completed a $6 million Series A funding round. The round was co-led by White Star Capital's Digital Asset Fund and MMC Ventures. To date, the company has raised a total of $16 million. The investment will help the company expand into South East Asia and further strengthen its global presence.