Digital Bank Revolut may be planning to expand the scope of cryptocurrency exchanges by offering derivatives, suggesting new recruitment on its website.
Revolut is looking for a general manager of crypto derivatives who will be tasked with adopting new derivatives that offer “from zero to scale” according to the job specifications.
The London-based company debuted crypto exchanges for professional UK traders in May 2024 and deployed the European Union six months later.
The UK’s Crypto derivatives market has gained some momentum in recent months with the debut of its first centrally approved Financial Conduct Authority (FCA) regulated derivatives platform GFO-X last month.
Mike Novogratz ‘Crypto Financial Services Firm Galaxy has also been paying attention to the slices of this pie, securing FCA approval to carry out derivative transactions in April.