Revolut is expanding into the crypto derivatives market by hiring a General Manager of Crypto Derivatives to build a trading platform. Despite regulatory challenges in the UK, the company aims to target more crypto-friendly jurisdictions like the EU and Dubai. This expansion aligns with Revolut's institutional and growth goals, focusing on attracting professional traders. The move signifies a shift towards offering more advanced products beyond retail banking. By entering the derivatives market, Revolut aims to compete with major exchanges and tap into a lucrative revenue stream. The company plans to work closely with regulators to ensure compliance and responsible financial services. Despite regulatory challenges, Revolut's move into crypto derivatives presents an opportunity to establish itself as a leader in digital finance and cater to the evolving needs of digital asset investors. Read more AI-generated news on: https://app.chaingpt.org/news