Gemini, the Crypto Exchange supported by Tyler and Cameron Winklevoss, launched Ether (Et) and Solana Staking, along with eternal contracts with futures, for customers in the European Union, the company said in a press release Friday.
Rollout complies with the company Recent Approval Under the EU market in crypto-assets regulation (Mica).
Gemini Staking allows users to earn rewards in Ether and Solana with no minimum amount required. Rewards are variable for ETH and up to 6% for Sol, the company said.
The new derivatives product, the perpetuals of Gemini, offers contracts denomination with the USDC, up to 100x action, and no expiration date. It will operate under Gemini’s Mifid II license.
The expansion came after Gemini moved to a new creature based in Malta to follow Mica. The firm said the move reflects its focus in Europe as a growth market for crypto trading and regulated investment products.
“We are on a mission to democratize access to alternatives, managed financial instruments, and we are one of some crypto exchanges in Europe to offer different suitites of products with an easy-to-understand, safe platform,” said Mark Jennings, Europe’s Gemini CEO, on the way.
“Europe continues to be a strategic focus for Gemini,” he added.
Crypto exchange recently expanded staking services in the UK, allowing all customers to earn rewards in Ether and Solana directly through its platform.
Read more: Crypto Exchange Gemini introduces Ether and Solana Staking for all UK customers
