Cryptocurrency exchange Gemini has announced an expansion of its services in Europe, focusing on derivatives and staking in response to changing market conditions and new regulatory standards.
Key Market Changes
Gemini has decided to focus on derivative products that are currently in demand among investors. Users in the European Economic Area can now stake Ethereum and Solana or trade perpetual futures settled in USDC. The launch of these new services has been made possible by recent approvals under MiCA and MiFID II, giving the exchange a green light to promote a full range of services across borders.
Surge in Derivative Interest
Spot trading has declined even as Bitcoin's price has risen, with volumes shrinking by a third in the first half of 2025. In contrast, the derivatives market is experiencing explosive growth, with $20.2 trillion changing hands in Q2 and projections of $23 trillion by year-end. In this context, Gemini sees an opportunity to attract investors seeking hedging tools and complex trading strategies.
Popularity of Staking in Europe
Gemini also aims to capitalize on Europe's growing interest in staking. Ethereum deposits in the EU surged by nearly 30% this year, bringing the total staked ETH to about $90 billion. Analysts link this surge to the regulatory clarity provided by MiCA, which has made institutional staking much more attractive. Gemini expects both retail and professional investors to view staking through its platform as a convenient source of yield.
Gemini's European expansion coincides with its U.S. IPO filing, which could strengthen the company's position as a unique bridge between cryptocurrency innovation and regulated finance.
