Gemini Expands Staking, Opens London Office

Market reaction

Crypto exchange Gemini has expanded its staking services to the U.K., offering Ethereum and Solana products as part of a broader push to grow its European footprint. The move coincided with the opening of a permanent London office, underscoring Gemini’s long-term commitment to the region.

Market reaction was muted in terms of token prices, with ETH and SOL trading largely in line with broader crypto markets. However, industry analysts said the expansion was strategically important as exchanges seek regulatory clarity and new revenue streams in Europe.

Key drivers

Gemini cited strong demand from institutional and retail clients for staking services, particularly in regulated markets. The exchange said the U.K. launch would allow customers to stake ETH and SOL directly through its platform while benefiting from enhanced custody and compliance standards.

The decision also reflects a growing trend among exchanges to diversify beyond trading fees, which remain volatile. Staking offers a more stable revenue base while aligning with user interest in earning yield on digital assets.

Fact box

Company: Gemini Trust Company LLC
Founded: 2014
Headquarters: New York, USA
New Office: London, U.K.
Website: gemini.com

Analyst & industry reactions

“The U.K. is emerging as a key jurisdiction for digital assets, and Gemini is positioning itself to capture that growth,” said Owen Lau, analyst at Oppenheimer. “Staking provides sticky revenue that complements exchange activity.”

Industry experts noted that London’s evolving regulatory framework makes it an attractive hub compared with the U.S., where exchanges face more enforcement pressure. “A permanent office shows intent to engage with policymakers and institutions directly,” added Clara Medalie of Kaiko.

Some observers cautioned that staking services remain under scrutiny, with U.S. regulators having previously fined other exchanges for similar offerings. Gemini has emphasized compliance as a differentiating factor.

What’s next

Gemini plans to broaden its European presence further, potentially adding other staking products and expanding custody solutions. The firm has not disclosed financial targets but said customer adoption will guide future service rollouts.

With major players like Coinbase and Kraken also active in staking, competition is expected to intensify. Gemini’s early U.K. foothold could help attract institutions seeking regulated staking infrastructure.

Sources

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research before making investment decisions.

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