Digital asset exchange and custodian.
Founded in 2014 by Cameron and Tyler Winklevoss, Gemini is a licensed digital asset exchange and custodian built for both individuals and institutions. Gemini is a New York trust company regulated by the New York State Department of Financial Services (NYSDFS). Gemini is a fiduciary and subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the NYSDFS and the New York Banking Law.
In June 2016, Gemini became the world’s first licensed ether exchange. In May 2018, it was announced that Gemini had become the world’s first Zcash exchange. Currently, it operates in the United States, Canada, the United Kingdom, South Korea, Hong Kong, and Singapore.
Gemini’s primary competitors include Coinbase, Binance, Bitstamp, and Kraken. All users are able to trade cryptocurrency and fiat currency on an open market. Users are able to transfer USD to and from their bank accounts.
Gemini Space Station went public on Nasdaq, opening at $37.01 and surging over 40% on its first trading day. The Winklevoss twins’ exchange represents the latest in a significant wave of crypto companies entering US public markets in 2025.
Gemini plans to raise up to $317 million in its US IPO by offering 16.67 million shares at $17–$19 each.
Gemini introduces an XRP rewards credit card offering up to 4% cashback and enhanced RLUSD trading support, strengthening ties with Ripple ahead of its IPO plans.