Gemini, the U.S.-based crypto exchange led by Tyler and Cameron Winklevoss, has launched its Australian operations to meet growing demand for regulated digital currency trading.
The new unit, Gemini Intergalactic Australia, is registered with AUSTRAC and will deliver localized crypto exchange services for both retail and institutional users. “Having a team on the ground and building a business optimized for Australian users makes sense for us,” said Saad Ahmed, Gemini’s Asia-Pacific head.
Australia’s crypto adoption rate reached 31% this year, highlighting its role as a leading digital asset market in the region. Previously, Australians accessed Gemini through its global platform, but the local arm will enable tailored services and compliance with national regulations.
Gemini’s expansion follows its $425 million IPO on Nasdaq, as the firm accelerates growth across Asia-Pacific markets amid heightened competition and shifting crypto regulations.
