A major American crypto exchange is announcing a new expansion into one of the world’s biggest market regions.
In an announcement, crypto exchange Gemini says it is expanding into the Asia Pacific (APAC) region in addition to growing their engineering base in India.
“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!”
Gemini says notes that it has already launched support for the Singapore dollar (SGD), the Hong Kong dollar (HKD) and the Australian dollar (AUD) in years prior.
Last month, the US-based exchange said it was launching a new headquarters in Ireland in response to regulatory scrutiny in the US.
“Awesome meeting this morning with Leo Varadkar, the Prime Minister of Ireland. We talked about the profound promise of crypto and the importance of common sense regulation to realize that promise. We believe MiCA (Markets in Crypto Assets Regulation) is that common sense regulation. We also announced that Gemini has made Ireland its European HQ. Onward!”
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