Crypto exchange Gemini, founded by Cameron and Tyler Winklevoss, has announced the expansion of its services in Europe, now offering staking for Ethereum and Solana, as well as trading of perpetual contracts.
New Staking Opportunities at Gemini
Gemini stated that users in the European Economic Area (EEA) can stake any amount of Ethereum (ETH) or Solana (SOL) without minimum requirements. Daily rewards are added, with Solana offering up to 6% APR, while Ethereum rewards may vary.
Growth of Derivative Trading
While spot trading volumes decreased by 32% in the first half of 2025, derivatives trading has seen steady growth, reaching a global total of $20.2 trillion. According to Mark Jennings, Head of Europe at Gemini, this presents significant growth opportunities for the firm.
Service Expansion and US IPO
Gemini has received approval under the new EU regulation MiCA in Malta and intends to expand its range of services in the European market. Additionally, the company has filed for a US IPO with an estimated valuation of $2.2 billion, offering 16.67 million shares priced between $17 and $19.
Gemini's expansion in Europe and active growth in derivative trading highlight significant interest in cryptocurrencies on the continent. The platform’s updates and innovations are likely to attract new users and investors.