Revolut is hiring senior engineers to lead the development of blockchain technology at the startup, according to recent job posts.
The London-headquartered Revolut — which began as a currency conversion app and has morphed into a neobank offering a broad range of services — has been offering a ‘walled garden’ crypto trading product since 2017. In May 2021, however, the startup began allowing customersfrom the app to transfer it to personal wallets — phase one of a plan to significantly broaden its crypto offering.
Two sources close to Revolut confirmed CoinDesk’s report that the company is actively working on a token, and one said that its former head of retail Phuc To is spearheading the effort.
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