Gemini plans a Non-US DeFi firm


Gemini has announced its plan to open a firm outside the US. The company will be a crypto derivatives platform. A crypto derivatives platform is a platform that allows traders to trade derivative contracts based on cryptocurrencies. 

There are several types of crypto derivatives that can be traded on a platform, including futures, options, swaps, and perpetual contracts. Popular platforms include BitMEX, Deribit, Binance Futures, and OKEx, which offer a range of trading tools and features.

Our first derivatives contract will be a BTC perpetual contract denominated in Gemini dollars (GUSD). An ETH/GUSD perpetual contract will launch soon thereafter.

Gemini is a cryptocurrency exchange founded in 2014 by the Winklevoss twins, Cameron and Tyler. It is regulated by the New York State Department of Financial Services and offers a range of trading tools and features. 

It also offers a cryptocurrency custody service called Gemini Custody, which is aimed at institutional investors looking to securely store large amounts of cryptocurrency. 

Details of Gemini Foundation 

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