Digital Asset Exchange Gemini Might Add Support for New DeFi, Metaverse, Infrastructure Tokens

At Gemini, they are constantly “tuned in” to the international crypto ecosystem in search of high-potential digital tokens to add to their platform, the company noted in a blog post.

That’s why they are exploring the following crypto tokens for trading and custody support: Audius (AUDIO), Quant (QNT), Mask Network (MASK), Radicle (RAD), API3 (API3), ASH (ASH), SuperRare (RARE), Wrapped Centrifuge (wCFG), XYO Network (XYO), Fetch AI (FET), and Numeraire (NMR).

The Gemini team noted that they think that the tokens they are exploring have the potential to offer value to their users and will continue to support decentralized finance (DeFi), the budding Metaverse, decentralized infrastructure, and data management environments.

As part of their listing framework, Gemini reportedly carries out an extensive assessment of each asset before they decide to support it on Gemini. This includes a thorough risk and legal review as needed under Gemini’s compliance and regulatory obligations. Although they will assess the assets noted above, there is “no guarantee that any token will be supported on Gemini,” the company clarified.

At present, Gemini provides trading and custody for over 50 digital tokens, with an additional 18 tokens “available for custody.” You may find out more about all the tokens that Gemini supports here. If you don’t yet have a Gemini account, you may open a new account here.

Gemini added:

“As we continue on our mission to build the future of finance, we look forward to supporting new projects that empower you, the individual, through crypto.”

As covered recently, Gemini are pleased to announce the launch of Gemini Earn in Hong Kong, enabling users to earn as much as 8.05% APY on their crypto-assets.

With Gemini Earn, interest is earned and compounded on a daily basis, and you are able to redeem your crypto at any time. In addition, there are no minimum balances and no fees to “transfer or redeem your crypto,” the announcement noted.