HSBC, a leading United Kingdom bank, has revealed its intent to venture into cryptocurrencies by announcing key job openings in the sector. 

In particular, the bank is hiring a Product Director for tokenization use cases and digital assets, job adverts posted on January 30 indicate.

According to the bank, the roles have been necessitated by the evolving nature of the crypto sector and involved risk appetite. 

“Because Digital Assets is a new topic and strategic & risk appetite considerations are evolving quickly, the Head of Tokenisation will be required to make complex business and project decisions that contribute to a high value, strategic initiative,” the bank said.