As major fintech companies like Robinhood Markets and Revolut explore issuing their own stablecoins, the sector is poised for disruption amid tightening European regulations.
Revolut is planning major expansion in the Middle East, after the UK-based fintech major received investment from Abu Dhabi's Mubadala at $45 billion valuation.
Abu Dhabi's sovereign investor Mubadala has made its first investment in Revolut, the London-based fintech, participating in a $500 million share sale in August 2024 that valued the company at $45