HSBC is now ready to venture into the crypto market

• HSBC today posted crypto-related vacancies on its careers page.
• Peer has already launched crypto products in recent years.
• Shares of Europe’s largest bank closed slightly lower on Tuesday.

HSBC Holdings plc today focused on reports that Europe’s largest bank is ready to enter cryptocurrencies.

HSBC Posts Crypto Jobs

On Tuesday, HSBC will job opening I see on the Careers page that I’m looking for a “Product Director” to oversee tokenization use cases.

According to the financial giant, the rapidly evolving crypto landscape has forced banks to make a mark in the market.

As digital assets are a new topic and strategy and risk appetite considerations are rapidly evolving, tokenization leaders must make complex business and project decisions that contribute to high-value strategic initiatives. there is.

Shares of HSBC Holdings plc, up more than 15% year-to-date, closed slightly in the red today.

HSBC joins JPMorgan Chase and others

British multinationals are not the only big banks looking to enter the cryptocurrency market. Others, including JPMorgan Chase & Co., have already launch Cryptography-related products in recent years.

HSBC Holdings plc is currently seeking suitable candidates for the following roles. product manager This suggests that they want to offer a wide range of services within the cryptocurrency niche.

This is quite a change of pace for the universal bank, which has been against cryptocurrencies and questioning their sustainability.Just a few months ago, CEO Noel Quinn report HSBC says it won’t rush into cryptocurrencies.