The collapse of FTX in November might have played a major role in the decision of Gemini to foray into derivatives trading.
A new report from The Information suggests that Gemini will soon launch an international cryptocurrency derivatives exchange. According to the report, Gemini has been silently working behind the scenes in the past few months to bring the plan to fruition. As part of its efforts, the exchange has reportedly reached out to several firms that can provide it with enough liquidity as it begins to work on the creation of a new exchange.
Gemini, Others Look to Fill a Huge Gap Left by FTX
It is worth mentioning that the collapse of FTX in November might have played a major role in the decision of Gemini to foray into derivatives trading. Before its collapse, FTX held a