Crypto exchange Gemini, started by Cameron and Tyler Winklevoss, is growing its services in Europe. Users in the European Economic Area (EEA) can now earn rewards by staking Ethereum (ETH) and Solana (SOL) and trade perpetual contracts using the USDC stablecoin.
Through an official announcement, the exchange shared that Gemini Staking lets users stake any amount of ETH or SOL to earn rewards. There is no minimum required, and rewards are added every day. Solana offers up to 6% APR, while Ethereum rewards vary.
Gemini’s Head of Europe, Mark Jennings, said that their goal is to become a major exchange in Europe. He added that with spot trading, staking, and perpetuals all available in one platform, they are now a strong contender.
Gemini recently got approval under the EU’s crypto regulations, MiCA, in Malta, and is also authorized under MiFID II. This allows the company to offer a full range of products, spot trading, staking, and derivatives, from a single platform in Europe.
Staking and Derivative Growth
While spot trading, or purchasing and selling crypto at prevailing prices, has cooled down, derivatives trading has been on the rise. During the first half of 2025, spot trading volume declined by 32%. On other hand, derivatives trading totaled $20.2 trillion worldwide.
Gemini sees this as a major growth opportunity. “The global derivatives market has grown rapidly in recent months,” Jennings said, adding that it could reach $23 trillion by the end of 2025.
Crypto derivatives are regulated under the EU’s MiFID II, while staking is indirectly regulated by MiCA, which fully came into effect in late 2024. MiCA increased stakeholder activity among European institutions. In 2025, EU staking grew 39%, while staking outside the EU rose 22%, according to CoinLaw.
Staking allows users to earn rewards by locking up crypto. It is becoming popular in Europe. Ethereum staking deposits in the EU increased 28% in 2025 to $90 billion. Gemini Staking offers retail and institutional investors passive income on ETH and SOL.
In addition to its expansion in Europe, Gemini made a US IPO filing with the aim of $2.2 billion valuation. The firm intends to offer 16.67 million shares at $17–$19 per share, raising as much as $317 million.
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