Revolut Doubles Down on Crypto—Neobank Plots Derivatives Push to Milk Retail Trading Frenzy
Fintech disruptor Revolut—already a darling of crypto retail traders—is sharpening its knives for a deeper cut into derivatives. The move signals a land grab for leveraged products as regulators scramble to keep up.
Why now? With crypto volatility back at 2021 levels, the neobank smells blood in the water. Retail traders keep chasing 100x leverage like moths to a flame—and Revolut’s ready to sell them the matches.
One banking exec’s dry aside: ’Nothing builds customer loyalty like margin calls and liquidations.’ The FSA’s compliance team must be thrilled.