A job description posted on Revolut’s LinkedIn web page signifies that the London-based fintech startup is trying ahead to recruiting a tech group that can help the agency in constructing its crypto trade.
In keeping with the official job posting, digital financial institution Revolut is trying to rent a tech group that can lead the corporate in direction of establishing its autonomous crypto trade.
The financial institution is in search of candidates skilled within the crypto/tech business with credible expertise so as matching engines, the sort that’s utilized in crypto exchanges.
Revolut’s new plan
Monetary service suppliers and establishments have proven nice curiosity within the creating cryptocurrency house. Revolut’s latest inclination in direction of launching its cryptocurrency trade may also help the digital financial institution solidify its place as a number one service supplier within the cryptocurrency sector. At present, the financial institution hosts 16 million prospects worldwide and gives entry to 50 cryptocurrencies.
Revolut’s plan to construct a crypto trade can even help the financial institution in diversifying its service portfolio. Establishing a crypto trade might additional assist the financial institution purchase more money circulate sooner or later, which in flip can help the financial institution in creating a gradual channel of income in the long term.
It was beforehand reported that the financial institution has been trying ahead to launching an trade token like BNB of Binance or WRX of WazirX, an India-based crypto trade. The report coincides with the newest job posting indicating that the thought of creating a crypto trade is genuinely being thought of by the financial institution.
Based in 2015, London-based Revolut had lately acquired a valuation of $33 billion in a funding spherical earlier this yr. Aside from offering complete banking and buying and selling providers to its prospects, Revolut has additionally been providing crypto shopping for and promoting providers to shoppers since 2017.
Get an edge on the cryptoasset market
Entry extra crypto insights and context in each article as a paid member of CryptoSlate Edge.
Be part of now for $19/month Discover all advantages
Like what you see? Subscribe for updates.