Revolut Partners with Pyth Network for Pyth Lazer 1ms Price Feeds on 80+ Chains; Founder Nets £350 Million from Share Sales

Revolut has partnered with Pyth Network to enhance its offerings in decentralized finance (DeFi) by introducing Pyth Lazer, which provides 1 millisecond price feeds across over 80 blockchain networks. This initiative aims to eliminate barriers for institutional high-frequency trading and enhance the speed of trading operations. In related news, Revolut's founder, Nikolay Storonsky, has realized a £350 million windfall from selling shares as the company has allowed existing investors to offload part of their holdings. This move comes as Revolut plots a push into private banking, indicating its ongoing expansion in the financial services sector.