Revolut plans to enter crypto derivatives market
Fintech powerhouse Revolut is preparing to enter the crypto derivatives market, according to a newly posted job listing for a “General Manager (Crypto Derivatives).”
The role, open in London, Barcelona, and Dubai, would oversee the full development of the platform, from regulatory compliance to trading infrastructure, reports Cointelegraph.
The goal is to build “one of the most trusted, scalable, and profitable derivatives offerings in the world,” supported by Revolut’s 50 million global users.
Regulatory headwinds in the UK may push launch abroad
Despite its UK roots, Revolut’s move into crypto derivatives may face regulatory hurdles at home. The Financial Conduct Authority (FCA) banned crypto derivatives for retail investors in 2021 due to concerns over consumer risk.
This makes it likely that Revolut will initially target more permissive jurisdictions such as the European Union or Dubai, where retail derivatives trading is allowed under certain licensing regimes. Legal experts say any UK launch would need to be restricted to institutional or professional clients to comply with current rules.
Revolut expands crypto footprint amid record profits
Revolut has been steadily increasing its crypto offerings, having launched a desktop exchange, Revolut X, in May 2024. The platform targets experienced traders and supports over 100 tokens, with a mobile rollout expected in 2025.
The firm’s crypto division has become a key revenue driver, helping it double pre-tax profits to £1 billion ($1.3 billion) in 2024. Its broader expansion plans include a €1 billion investment in France and a banking license application, suggesting that Revolut sees crypto as central to its future growth.
Recently we wrote that at the Bitcoin 2025 conference in Las Vegas, MicroStrategy co-founder and Executive Chairman Michael Saylor encouraged investors to remain committed to Bitcoin (BTC).
- Forex
- Crypto