Gemini, expansion plan in the Asia-Pacific region ── Capturing the “next wave of growth” | CoinDesk JAPAN | CoinDesk Japan

Cryptocurrency exchange Gemini plans to expand in Asia Pacific (APAC), a region that will drive the “next wave of crypto growth.”

“We are excited about the announcement of our expansion plans in APAC. Gemini’s management team recently visited APA during their global tour to advance the bright future of crypto,” the company said. 19, said in a blog post.

Gemini seeks to establish operations outside the United States. The United States has tightened regulations on cryptocurrency exchanges this year.

In April, Gemini announced the launch of a new crypto derivatives platform overseas. Rival Coinbase has also said it will open a derivatives exchange in British Bermuda as part of its overseas expansion.

Gemini plans to increase its workforce in Singapore, the base of its APAC operations, to more than 100 over the next 12 months, and to open an engineering base in India.

｜Translation: coindesk JAPAN
｜Editing: Takayuki Masuda
| Image: Winklevoss brothers, founders of Gemini (Shutterstock)
｜Original: Crypto Exchange Gemini to Expand Asia-Pacific Operations to Capture ‘Next Wave’ of Growth