Trading 212 Taps Former Revolut Exec Christos Drakos to Lead Crypto Operations

Trading 212 is sharpening its focus on digital assets
by appointing Christos Drakos, a former Revolut and ETX Capital executive, as
its Head of Crypto.

The move highlights the broker’s plans to expand its
regulated crypto services across Europe. Drakos will lead crypto operations
from Trading 212’s office in Cyprus. He brings experience from several
well-known financial firms.

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Industry Veteran Takes Charge

He joins from the fintech giant Revolut, where he most
recently served as the Executive Director for slightly more
than three years. Based in Cyprus,
Drakos has served in the same capacity at ArgusFX and ETX Capital.

With the CASP license in place, Trading 212 is
preparing to expand beyond traditional stock and CFD offerings. The appointment
of Drakos signals that Trading 212 is building leadership capacity to execute
its crypto strategy across the EU.

Early this year, after Trading 212 confirmed the departure
of its Chairman, Andrew Bole, the company appointed Gary Dixon as his successor.
Bole had served as Non-Executive Chairman since 2020, a period during which the
broker expanded its presence across several international markets.

Dixon stepped into the role with close to four years of
experience at Trading 212, having served as a Non-Executive Director and Chair
of the audit committee.

Strengthening Crypto Offerings

Last year, Trading 212 secured a crypto asset service provider (CASP) license from the Cyprus Securities and Exchange Commission
(CySEC). The approval was granted to Trading 212 Crypto Ltd, a separate entity from
the group’s existing Cyprus Investment Firm, Trading 212 Markets Ltd.

Keep reading: Trading 212 Gains Crypto License in Cyprus

The license allows the company to provide services, including exchanges between crypto assets and fiat currencies, and custodial services for digital assets. It places Trading 212 among the growing number of
firms expanding into regulated cryptocurrency activities within the European
Union.

This article was written by Jared Kirui at www.financemagnates.com.



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