Gemini is planting new roots in Australia, signaling a deeper commitment to the Asia-Pacific region as cryptocurrency use continues to rise among both retail and institutional investors.
The New York-based exchange, founded by Tyler and Cameron Winklevoss, announced the launch of Gemini Intergalactic Australia, a locally registered entity that will provide regulated crypto trading services to Australians under AUSTRAC oversight. Until now, users in the country accessed Gemini’s platform through its global operations.
The move comes at a time when digital asset adoption in Australia is hitting record levels. The Independent Reserve Cryptocurrency Index reported earlier this year that nearly one in three Australians now own some form of crypto – a noticeable jump from last year’s 28%. That momentum, combined with growing interest from professional investors, has created an opportunity that Gemini aims to seize.
Saad Ahmed, Gemini’s Head of Asia-Pacific, described Australia as one of the region’s most promising markets. Speaking during the TOKEN2049 conference in Singapore, he said localizing Gemini’s services is a natural step forward. “We’ve seen consistent growth from Australian clients, particularly on the institutional side,” Ahmed explained. “Having a team on the ground lets us tailor our platform and build something made for this market.”
Gemini’s expansion follows a milestone year for the company. After raising $425 million through an initial public offering, it began trading on the Nasdaq, joining a small group of crypto-native firms listed on U.S. exchanges. The listing has strengthened its capital position for international growth – and Australia is the latest frontier in that push.
Industry observers see Gemini’s arrival as part of a broader wave of global exchanges seeking regulated footholds in the Asia-Pacific region, where policy clarity and adoption rates are advancing rapidly. For Australia, which already has one of the world’s highest per-capita crypto ownership rates, Gemini’s entry adds further legitimacy to its evolving digital finance ecosystem.
With its launch complete, Gemini Intergalactic Australia will begin building local partnerships and infrastructure to support its trading services. The company says its goal is to create a platform designed specifically for Australian users – one that blends global liquidity with localized compliance and customer experience.
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Source: https://coindoo.com/gemini-expands-into-australia-with-local-crypto-platform/