CEO Nik Storonsky confirms plans to explore simultaneous listings on Nasdaq and the London Stock Exchange, while reiterating a preference for the US because of greater liquidity and investor depth. Revolut hasn’t set timing, and an IPO remains unlikely before 2028.
Revolut has publicly confirmed it is exploring a dual listing on Nasdaq and the London Stock Exchange for the first time.
CEO Nik Storonsky still prefers the US market, citing greater liquidity and a larger pool of institutional and individual investors.
# What changed Revolut has publicly confirmed it is exploring a dual listing on Nasdaq and the London Stock Exchange. That marks the first time the company has discussed a possible LSE admission alongside a US listing. CEO Nik Storonsky repeated that the US remains Revolut's preferred venue because it offers deeper liquidity and a larger base of institutional and retail investors.
# Why the disclosure matters A London admission would place one of Europe's most valuable private financial firms on the UK public market. Revolut's recent secondary-share valuation of $115 billion would make the company one of the largest in London if it chose to list there. The confirmation reopens a debate about whether policy changes and market reforms can attract large tech-finance listings back to the UK.
# Storonsky's position Storonsky has previously criticized the London Stock Exchange for lower liquidity and for the UK's 0.5% tax on share purchases. In an interview with Les Echos he reiterated that the US is a larger market with more institutional investors, hedge funds and individual investors, but added that Revolut is planning for both Nasdaq and the LSE. He has also stated publicly that an IPO would not take place before 2028.
# What the UK changed
# What remains unknown Revolut has not disclosed which exchange would host the primary listing, whether the two listings would occur simultaneously, or any timeline for formal preparations. The company's public stance — keeping the US as preferred for liquidity while exploring London — leaves open multiple outcomes, including a Nasdaq primary with an LSE secondary admission, or coordinated dual admissions.
# Practical implications for investors and markets
# Bottom line Revolut's announcement is a measured step: the company is publicly considering a dual Nasdaq–LSE strategy while keeping the US as the favoured primary market due to liquidity and investor depth. Policy changes in the UK address at least one historical barrier, but Revolut has not tied its plans to that reform, and an IPO is still not expected before 2028.
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