what's gemini?
Gemini is a cryptocurrency exchange and custodian founded in 2014 by Cameron and Tyler Winklevoss. It operates as a regulated platform under a New York State BitLicense, emphasizing security, compliance, and institutional-grade services. Users can buy, sell, and store major cryptocurrencies like Bitcoin and Ethereum, with features including API support, FIX protocol for trading, and a stablecoin called Gemini Dollar (GUSD) pegged 1:1 to the US dollar. The platform prioritizes transparency and risk management, having completed SOC 2 audits and holding client assets in cold storage. Gemini supports a range of trading pairs and has expanded to offer staking, lending (historically), and custody solutions for institutions. It differentiates itself through its focus on regulatory adherence, making it a trusted option for both retail and professional traders in the US and select international markets. Gemini's infrastructure includes advanced surveillance tools to prevent market manipulation, and it has pioneered approvals for assets like Ethereum and Ethereum Classic. The exchange continues to evolve with global expansions, such as registrations in regions like Australia, while maintaining a commitment to user protections and innovation in the crypto ecosystem.
Gemini exits UK/EU/AU, cuts jobs, but has 750M MAU, 10B tokens/min, and $214M inflows.
Links
x.com/geminiListed TRX for trading, enabling deposits and withdrawals.
Added over 20 new prediction markets across golf, hockey, tech, jobs/unemployment, weather, crypto legislation, and US GDP categories on February 25, 2026.
Partnered with @sethforsgren to bring new functionality to Gemini.
Share price declined 80% from post-IPO high according to Bloomberg.
Received a deposit of 650.76 BTC ($43.05M) from whale wallet bc1q9c after 3 years of inactivity.
Added support for funding prediction market trades with both crypto and credit cards.
COO, CFO, and Chief Legal Officer departed.
Hosted Hacker House at EthereumDenver with BoilerBlocks and BoilerChain, featuring a six-figure prize pool and 60 Purdue students, with two Purdue teams placing in the top ten.
Gemini 3 features video vision capabilities described as best in class for analyzing generated video content and identifying issues.
Launched staking services in New York with rewards up to 6% APR on February 10, 2026.
Participated in the XRP Community Day Americas XRP Innovation Spotlight panel on February 9th at 3:00 PM ET to discuss current XRP usage and upcoming roadmap plans.
Runs a Super Bowl promotional giveaway offering $250 in BTC to one random winner, with selection scheduled for February 10th, 2026.
Exits UK, EU, and Australia markets, entering withdrawal-only mode March 5, 2026, with complete shutdown April 6, 2026.
Cuts 25% of jobs (200 employees) on February 5, 2026, amid AI and market exit restructuring following Bitcoin's 40% price decline and a sharp crypto market downturn.
The Gemini App crossed 750 million monthly active users.
Processes over 10 billion tokens per minute via direct API use by customers.
Recorded $214M in 7-day net inflows as of early February 2026.
Reached 7 million increase in mobile daily active users since the start of 2026.
Joined Canton Network as a Super Validator with 2 validators.
Launched the Gemini Content Community program that rewards content creators based on views for creating and sharing Gemini-related content.
Whale moved $397 million worth of ETH to Gemini during the week of January 20-27, 2026.
Represented at InnovateDenver conference on February 18, 2026 during ETHDenver, with Elaine Song speaking at the event.
Received a deposit of 50,000 ETH (worth $145.25 million) from a whale wallet that had been dormant for 9 years, potentially linked to Bitfinex.
Nifty Gateway, acquired by Gemini in 2019, will officially close on February 23, 2026, and has entered withdrawal-only mode immediately.
The SEC dismissed its civil enforcement action against Gemini.
Hosting an in-person hackathon in San Francisco on 2026-01-31 with Google DeepMind.
Partners with Google to enable Walmart customers to purchase products through Gemini.
Launched margin trading with up to 5× leverage for BTC/USD, ETH/USD, SOL/USD, and XRP/USD pairs.
Integrated with Gmail through multiple new integrations.
Donated $21 million to Trump-backed MAGA Inc. PAC ahead of U.S. midterm elections.
Integrated with Morpho's lending network to power its Earn/Loans offerings.
Launched trading and custody support for BNB token.
Blocked by Philippine ISPs following National Telecommunications Commission order citing lack of authorization from Bangko Sentral ng Pilipinas, as part of restrictions on approximately 50 unauthorized trading platforms.
Introduced USD rails for UK institutional customers.
Custodied Empery Digital's $500 million BTC placement and facilitated their bitcoin purchases and derivatives trades.
Launched Index Perpetual Contracts in Singapore and added PayNow and FAST funding options for Singapore users.
Launched the Gemini Wallet, a self-custody wallet for users to manage digital assets onchain.
Launched Tokenized Stocks in the European Union with zero trading fees, bringing equities onto the blockchain.
Obtained Markets in Crypto Assets (MiCA) and Markets in Financial Instruments Directive II (MiFID II) licences in the EU.
Integrated into Gate's Simple Earn program offering up to 200% APR for new users.
Joined 125+ companies in urging U.S. Congress to maintain the GENIUS Act without changes to preserve legal stablecoin rewards and innovation provisions.
Accepted as a payment option alongside USDT for Gate Launchpad #5 (Kodiak token sale) running from December 19, 08:00 to December 21, 08:00 UTC.
Predictions launched mid-December 2025, live across all 50 US states, reached 10,000+ users and $24M+ in volume.
Stock surges nearly 14% following the announcement that prediction markets can now be offered in the US.
CFTC issues no-action letter to Gemini providing conditional relief from certain recordkeeping and data-reporting requirements for prediction-market and derivatives services, with no enforcement action as long as specified compliance conditions are met.
GEMI now holds US license for prediction markets, valued at $1.5B with 13% short interest.
The Commodity Futures Trading Commission approved the application for a derivatives exchange, allowing entry into prediction markets, with the stock rising 15%.
The project became a prediction market stock.
GEMI became a Predictions Market stock overnight.
Refocuses on custody services and launches prediction markets platform with CFTC Designated Contract Market approval.
Tyler Winklevoss appointed to CFTC's 35-member Innovation Advisory Committee on February 13th, 2026, for crypto and prediction market regulation, derivatives market structure including tokenization, perpetuals, 24/7 trading, blockchain-based infrastructure, and digital asset oversight.
Gemini adds support for Ripple's stablecoin RLUSD on the XRP Ledger (XRPL).
Platform expands to Australia, adding AUD support for deposits and trading across 70+ cryptocurrencies including its ActiveTrader® platform.
Gemini completes a $425M IPO fundraise in 2025.
GEMI operates as a newly public company and expands aggressively to capture market share in the increasingly competitive crypto exchange landscape.
Spot trading volume on the exchange grew from $33 billion to $49 billion during the period when total CEX spot volume hit a record $13.1 trillion.
Gemini appointed as primary custodian for VanEck's spot Solana ETF (VSOL), which launched November 17, 2025 on Cboe BZX Exchange with $10 million in seeded assets.
Gemini sponsors David Gokhshtein's media brand, which reaches 2.63M audience members with 1.85M show viewers and 2.3M views on X clips.
Gemini launches 4% APR earning program for GUSD and RLUSD.
Platform offers 4% APR on RLUSD and GUSD stablecoins for passive rewards.
A Polymarket trader earned +160k by successfully betting on the exact timing of the Gemini 3.0 launch.
The Gemini credit card provides 4% cashback on gas purchases, with rewards paid in ZEC (Zcash) cryptocurrency.
$GEMI token down 65% from IPO price in 2 months and 80% from launch day high, following an oversubscribed IPO.
Text generation is fully functional, with users able to create customized charts and article content in twenty seconds.
Crypto trader pakpakchicken (Chicken Genius) deposits 77 ETH (~$218K) to the platform.
App downloads catch up to ChatGPT levels, and users spend more time in the app than ChatGPT users.
New users receive $200 bonus when signing up for the Gemini Credit Card during the holiday promotion.
Gemini Credit Card launches 12-day promotional campaign offering 5% cashback on all purchases.
Gemini can only create new slides but cannot edit multiple slides in a single request, showing functional limitations compared to competitor Claude's more advanced presentation design capabilities. (1993080220497461721)
Market share grows from 23% to 30% following Gemini 3 launch.
Users report Gemini 3 becomes unusable after 9am Eastern, indicating significant performance degradation during daytime hours.
Gemini launches new Google Chrome browser integration with an embedded button that enables direct interaction with links and PDFs without copy-pasting.
Gemini app deploys G3 for thinking mode while fast mode uses G2.5, G3 requires waitlist access in Gemini Code, and G3 is default in Antigravity.
Scenario.gg now supports Gemini 3.0 for visual content generation.
Nano Banana Pro goes live on Gemini app and web, displaying reasoning traces during generation.
Replit integrates Gemini 3 into its newly launched Design mode feature.
Gemini 3 reaches State of the Art performance on SWE Bench Verified benchmark with standardized testing methodology.
Gemini becomes official partner of PubKey and hosts a livestream event on 11/20 at 10AM EST raising funds for Project K9 Hero.
Gemini 3 adds new reasoning and tool use capabilities including thinking_level for task requirements, thought signatures for stateful tool use, and larger context window for managing drift. LangGraph, LangChain, and Deep Agents launch support for Gemini 3 today.
A trader moved their entire liquid net worth from NVDA to GOOG approximately one month ago based on conviction in Gemini 3.
Multiple users report technical failures with Gemini 3 after its launch.
Replit announces Design, a new AI design experience focused on beautiful UIs, powered by Gemini 3.0.
Gemini 3 becomes available on anycoder via Hugging Face, featuring new UI and built-in support for Gradio, Steamlit, transformers.js, ComfyUI, and React apps.
Antigravity development platform launches today as VS Code fork with integrated Gemini 3 Pro, Gemini 2.5 Computer Use, and Nano Banana for rich media generation.
Gemini 3 pricing announced at $2 per 1M input tokens and $12 per 1M output tokens. Launch is preview only, not generally available on Day 1.
Polymarket projects Gemini 3.0 launches today. Gemini's full suite of models and tools work while ChatGPT and Claude remain down.
G3MINI serves as the name for Gemini 3 flash lite, a new variant of Gemini 3.
Gemini 3 release or major announcement expected this week with significant anticipation about its capabilities.
Natalie Brunell appears at Gemini HQ in NYC for livestream on 11/18 at 4pm EST to discuss her new book "Bitcoin is for Everyone" with free book giveaways.
Y Combinator CEO Garry Tan asks Gemini 3 for help.
Gemini team meets with FlowTraders in Amsterdam, and FlowTraders commits to appear on Gemini's livestream to discuss crypto and markets.
Warren Buffett receives early access to Gemini 3.
Gemini launches the American Business Card offering 1.5% bitcoin cashback on business expenses with no annual fee.
Mizuho maintains positive outlook calling it a 'hidden gem' despite 57% share decline since IPO.
Gemini provides institutional-grade crypto custody services for Cypherpunk Technologies' treasury.
Gemini is developing prediction market contracts.
Gemini announces plans to launch a small business credit card during Q3 earnings call, expanding beyond its existing consumer Bitcoin rewards credit card. Q3 results show $159.5M net loss, steeper than analyst expectations, with stock falling 7-12%.
Gemini reports first post-IPO earnings with 52% revenue increase, but stock drops to all-time low.
Gemini receives AA rating in November 2025 Exchange Benchmark, placing it among 8 top-tier exchanges alongside Binance, Coinbase, Kraken, and others.
Performance update shows Gemini now up 100% in 10 days in OpenArena competition.