Revolut Taps Crypto.com Veteran to Bolster Institutional Crypto Business

Revolut has hired the former sales head of Crypto.com to build its institutional crypto business.

The move is part of Revolut's strategy to expand into the world of cryptocurrency trading for institutions, a space dominated by traditional players such as Coinbase and Binance.

This comes after Revolut had a KYC data incident earlier this year, which exposed sensitive customer information. The company has since implemented new security measures to prevent similar incidents in the future.