Gemini Crypto Exchange Eyes Asia Pacific Region Expansion

Published July 8, 2021 | Updated July 8, 2021

Phemex report

Gemini Crypto Exchange Eyes Asia Pacific Region Expansion

US-based Gemini Cryptocurrency exchange chain is planning on expanding its reach in the Asia Pacific region after seeing significant success at their Singapore offices.

The foundation seeks to open satellite offices in Hong Kong and Australia. Jeremy Ng, Head of Asia Pacific Region, presented the news of expansion in a blog post yesterday on the Gemini website.

One of the most exciting markets for crypto and financial innovation in the Asia Pacific region… Anchored by support for the Singapore dollar (SGD), we are thrilled to see the continued expansion of our regional headquarters as Gemini becomes a leader in the APAC crypto landscape.”, wrote Jeremy.

Success in Singapore

Gemini prides itself on the positive consensus in Singapore. With a professional and expanding team in Singapore, Gemini recently celebrated its first anniversary upon a victorious year. To further the mission of borderless secure finances, Gemini focused on bringing together an intellectually diverse team with industry-specific expertise.

According to Jeremy, “To date, our Singapore office has hired a team of over 30 employees across various departments including legal and compliance, engineering, marketing, and communications, business development, trading, risk management, talent acquisition, product management, and customer support.”

The Asia Pacific Expansion

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Both, investors, and traders with deep or shallow pockets using Gemini crypto exchange in the Asia Pacific region will get access to invest, trade, exchange, and hold in over forty coins. The users would not have to be concerned about the safety of their held assets, as they will be protected by high-tech cold storage systems or insured hot wallets.

APAC also provides extra features like Gemini Earn to make extra APR on held crypto, ActiveTrader™ platform for advanced traders, and SingPass for Singapore residents to open a Gemini account.

Our retail and institutional customers throughout APAC can buy, sell, store, and earn more than 40 cryptos, with their funds secured by top-of-the-line proprietary cold storage systems or held in insured hot wallets. Further bolstering our APAC footprint is our support for the Australian dollar (AUD) and Hong Kong dollar (HKD)…We will continue providing our APAC customers with new innovative crypto products throughout the year ahead to best serve their financial interests.”, Jeremy added

Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Palak Malhotra 61 Articles
Journalism & Mass Comm. ‘21 graduate, Palak is a GenZ journalist with background in Lifestyle journalism & PR. At CoinGape, Palak is a junior crypto journalist preparing for Web 3.0

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