Digital financial institution Revolut may very well be planning to broaden the scope of its cryptocurrency alternate with a derivatives providing, a brand new job posting on its web site suggests.
Revolut is recruiting a common supervisor of crypto derivatives who shall be tasked with taking a brand new derivatives providing “from zero to scale,” based on the job specification.
The London-based agency debuted its crypto alternate for skilled merchants within the U.Ok. in Might 2024 earlier than rolling it out throughout the European Union six months later.
The marketplace for crypto derivatives within the U.Ok. has gathered some momentum in latest months with the debut of the primary centrally-cleared and Monetary Conduct Authority (FCA)-regulated derivatives platform GFO-X final month.
Mike Novogratz’ crypto monetary providers agency Galaxy can be eyeing a slice of this pie, with its U.Ok. arm securing FCA approval to execute derivatives buying and selling in April.
