Gemini Plans to Expand in the Asia-Pacific

The US-based cryptocurrency exchange Gemini, founded by Cameron and Tyler Winklevoss, has announced its plans to expand into the Asia-Pacific region. In its blog post, Gemini said the company plans to establish an engineering division in India, in addition to increasing staff at its Singapore office. The stock market gave hints that it will expand to more regions in the next 1 year.

We’re expanding in the Asia Pacific region! Our Singapore office will serve as a hub for our larger APAC operations and we plan to increase our headcount to 100+ in Singapore

In addition to our expansion plans in APAC, we are rapidly growing our engineering base in India

We believe that APAC will be a great driver of the next wave of growth for crypto and for Gemini.

We are committed to implementing our international vision for the future of Gemini as we continue on our mission to unlock the next era of financial, creative, and personal freedom for all. Onward and upward!

In January, the SEC sued Gemini over its “Gemini Earn” program. The product, which the exchange jointly offered with Genesis, was the subject of the SEC’s accusations of violations of securities laws.

Gemini continues to explore new marketplaces after increasing crypto pressures in the US. In April, the exchange took its first step to register with Canada’s Ontario Securities Commission. In May, the Winklevoss brothers announced that they had chosen Ireland as their headquarters to expand the company’s services in Europe.