"UK Revolut, Considering Entry into Virtual Asset Derivatives Market"

Source
Son Min

Summary

  • Revolut is reportedly considering entering the virtual asset derivatives market.
  • Revolut announced job postings for Head of Virtual Asset Derivatives in London, Barcelona, and Dubai.
  • The company stated that it is continuing with the expansion of its virtual asset services and its plan to apply for a banking license in France.

Fintech company Revolut, based in London, United Kingdom, is reportedly considering entering the derivatives market.

On the 3rd (local time), Cointelegraph reported, "Revolut has posted a job opening for 'Head of Virtual Asset Derivatives' in London, Barcelona, and Dubai," adding, "This indicates that Revolut is considering entry into the virtual asset derivatives market." The report continued, "Revolut has continually pursued the expansion of its virtual asset services," and added, "On May 19 (local time), Revolut also announced plans to apply for a local banking license in France."

However, Revolut is said to have declined to comment further on the matter.

Son Min

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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