Nvidia's venture capital arm, NVentures, likely holds 141,834 shares in Revolut worth roughly $196 million, according to a filing at Companies House, Britain's company registry. The stake, which was not publicly announced by either company, stems from a November 2025 share sale that valued the fintech giant at $75 billion. The disclosure offers a rare look at how the chipmaker is placing bets beyond semiconductors — and into a company that's aggressively expanding its crypto footprint.
How the stake came to light
The filing shows NVentures invested at a per-share price of about $1,380 during Revolut's November 2025 secondary sale. Neither Nvidia nor Revolut has commented on the holding. The timing is notable: Nvidia briefly lost its title as the world's most valuable company to Apple around the same period, though it has since regained the top spot. The stake is small relative to Nvidia's market cap, but it signals the firm's interest in financial infrastructure.
Revolut's growth and valuation jump
Revolut's 2024 revenue hit $4 billion, up 72%, while pretax profit surged 149% to $1.4 billion. The company is reportedly considering a new share sale at a $115 billion valuation — a 53% premium over the round NVentures participated in. That would make the Nvidia stake worth roughly $300 million on paper. Still, CEO Nik Storonsky has ruled out an IPO before 2028, so early investors will have to wait for a public exit.
Crypto moves: license, delisting, digital euro
Revolut has been busy on the crypto front. On July 15, Dubai's Virtual Assets Regulatory Authority (VARA) granted the company in-principle approval for a crypto license covering trading and brokerage via its app and Revolut X. The firm has also moved to delist Tether's USDT under MiCA rules, and was selected by the European Central Bank to test the digital euro. In March, it launched as a fully licensed UK bank for its 13 million British customers.
Revolut's potential $115 billion valuation round would dwarf its current $75 billion mark, but no timeline has been set. The VARA license is still in-principle — final approval will determine how deep Revolut can go in Dubai's crypto market. For Nvidia, the filing is a rare public peek into its venture portfolio, but the company hasn't said whether it plans to increase its stake.
