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Thiel-Backed Valar Ventures Exits £50M Wise Stake for Crypto Pivot

Valar Ventures, the early‑stage fund co‑founded by Peter Thiel, has sold about £50 million ($70 million) worth of Wise Plc shares via an overnight bookbuild. The block represented roughly 4.8 million Class A shares priced at £10.30 each, trimming Valar’s exposure to the London‑listed payments pioneer. Valar’s relationship with Wise dates back to 2013, when the fund led a $6 million … Read more

July 01, 2025 1:45 PM GMT+03 mins read

Shweta Chakrawarty

Technical Writer

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