Fintech company Revolut plans to increase the number of employees involved in the cryptocurrency direction by 20% in the EU, UK and US within six months. Bloomberg writes about it.

Revolut has posted 13 job postings related to digital assets, including financial crime prevention and development.

This year, the company has already recruited 43 specialist specialists.

“We see cryptocurrencies as a long-term game and are optimistic about the industry,” Revolut said.

The company added that this space currently accounts for 5% to 10% of Revolut’s revenue.

According to the firm, the number of UK customers purchasing cryptocurrencies increased by 30% from July 2021 to July 2022. During this period, the number of transactions increased by more than 50%.

Revolut is expanding staff at a time when many companies are laying off their employees due to the downturn in the crypto market. The wave of outages was reported by Coinbase, Crypto.com, BlockFi, BitMEX, Bitpanda, OpenSea, Blockchain.com, Gemini, Robinhood, and a number of others.

Binance and KuCoin follow a different strategy – they plan to increase staff.

Recall that in May, Revolut founder Nikolay Storonsky talked about the company’s plans to launch its own token.

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