Revolut is actively looking to expand its cryptocurrency services by introducing a derivatives offering. The digital bank has posted a job listing for a general manager to oversee the development of this new product, which aims to scale from the ground up.

Key Points:

• Revolut may be enhancing its cryptocurrency exchange capabilities with the addition of derivatives based on a new job listing.
• The London-based company launched its cryptocurrency exchange aimed at professional traders in the U.K. in May 2024, and quickly expanded it across the EU.
• The market for crypto derivatives in the U.K. is gaining traction with recent regulatory developments.

For more information, you can check Revolut’s job posting here.