Fintech Giant Drevolut seems to be preparing to move to the encryption derivative market as new hints to spread jobs in plans to build business from scratch.
accident existing Regarding the role of “General Manager (Curd Derivatives), it explains that the activity recruitment revolution in London, Barcelona and Dubai. This position will be supervised by the launch of the derivatives platform to one side, from the structure of the product and the commercial infrastructure to organizational compliance and commercial strategy.
According to the inclusion, the goal is to create “one of the most trusted, susceptible and profitable offers in the world”, as it benefits from the Droclut customer base of 50 million people.
This step comes with a revolution continuing to expand encryption offers. On May 19, the company announced plans to invest more than one billion euros ($ 1.1 billion) in France and applied for a local banking license.
Cointelegraph has a revolution for comment but she did not receive a response by publishing.
Related to: Pyth Partners with Revolution of Digital Asset data in the actual time
Drevolut derivatives may collide with UK rules
It is worth noting that the Rivoluts of encryption derivatives may put Fintech at odds with the current rules in the UK. The UK’s Financial Conduct Authority (FCA) banned encryption derivatives for retail users in 2021, noting the risks of inexperienced merchants.
Looking at the restrictions imposed on the UK, the first market for Droclut is still not sure. However, the list states familiarity with the European Union’s financial market systems as plus. Dubai is another candidate, as its regulatory system allows for a retail sale under the appropriate license.
“If the revolution is targeting the UK market, the organizational purchase will be difficult unless the product is limited to professional customers.” He said Daniel Arousch, partner at Blockchain Law Firm D & A Partners. “But in the European Union or Dubai, approval is more realistic.”
In 2024, a revolution of a long -awaited banking license took place, paving the way for the company to expand lending services, including credit cards, paid purchasing products and potential real estate mortgages.
Related to: The expansion of the encryption exchange of 30 new markets in Europe
A revolution doubles on encryption
Revolution was founded in 2015, and was one of the first major technical technology to embrace Crypto, adding commercial support in 2017. Since then, the company has expanded its encrypted offers.
In May 2024, Revolution Revolution X, an exchanging desktop encoding targeting experienced merchants. The platform provides trading for 100 code with low fees and actual time abroad, with plans to expand the mobile phone in 2025.
The company’s encryption department is now generating a large share of the total revenue. In 2024, Fintech GINT doubled its profit before taxes to one billion British pounds ($ 1.3 billion) from 438 million pounds in 2023, driven by rapid customer growth and renovation of trading in encryption.
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The post Revolut Hiring to Build Crypto Derivatives Platform first appeared on Investorempires.com.
