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  • Digital Asset Exchange Gemini May Add Support for New DeFi, Metaverse and Infrastructure Tokens

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

By on October 31, 2021 0

TO Gemini, they are constantly “tuned in” to the international crypto ecosystem looking for high potential digital tokens to add to their platform, the company noted in a blog post.

This is 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 Grid (XYO), Fetch AI (FET) and Numeraire (NMR).

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

As part of its listing framework, Gemini would have conducted a thorough valuation of each asset before deciding to back it on Gemini. This includes an in-depth review of risks and legislation, as needed under Gemini’s regulatory and compliance obligations. Although they will value the assets mentioned above, there is “no guarantee that a token will be supported on Gemini,” the company said.

Currently, Gemini is trading and safekeeping over 50 digital tokens, with a further 18 tokens “available for safekeeping”. You can read more about all tokens supported by Gemini here. If you don’t have a Gemini account yet, you can open a new account here.

Gemini added:

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

As recently reported, Gemini is pleased to announce the launch of Gemini Earn in Hong Kong, allowing users to earn up to 8.05% APY on their crypto assets.

With Gemini Earn, interest is earned and compounded daily, and you can trade your crypto at any time. Additionally, there is no minimum balance or fee for “transferring or trading your crypto,” the announcement notes.

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