Revolut Hires Crypto.com Sales Head to Build Its Institutional Crypto Business

The useful part

Revolut has appointed Nilesh Khatwani as Global Head of Institutional Sales, Crypto, hiring an executive with extensive institutional crypto sales experience. His appointment comes as Revolut develops crypto products for companies and professional users and prepares to offer regulated virtual-asset services in Dubai. Revolut has not disclosed Khatwani's reporting line or provided further details about the size and structure of its institutional crypto sales team.

How it works

• The company does not currently market a standalone institutional prime platform.
• Its public offering for companies is centred on Crypto for Business and Revolut X for Business.
• The first allows businesses to buy, sell and hold digital assets as part of their corporate treasury operations.
• Revolut X for Business provides a spot-trading venue and advertises lower fees and spreads, analytical tools, and transfers between a company's...

Example or evidence

• Crypto.com Experience Carries Into New Role Khatwani announced the move on LinkedIn, saying he would help grow Revolut's institutional crypto business and contribute to building what he believes could...

Details worth keeping

That background matches the client segment covered by his new role.