Digital financial institution Revolut could possibly be planning to develop the scope of its cryptocurrency change with a derivatives providing, a brand new job posting on its web site suggests.
Revolut is recruiting a common supervisor of crypto derivatives who might be tasked with taking a brand new derivatives providing “from zero to scale,” according to the job specification.
The London-based agency debuted its crypto exchange for professional traders within the U.Ok. in Could 2024 earlier than rolling it out across the European Union six months later.
The marketplace for crypto derivatives within the U.Ok. has gathered some momentum in current 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 companies agency Galaxy can also be eyeing a slice of this pie, with its U.Ok. arm securing FCA approval to execute derivatives buying and selling in April.