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Gemini Announces Trading for MATIC, SUSHI and 4 New Tokens

source-logo  cryptoknowmics.com 29 April 2021 08:10, UTC

Gemini has released a fresh listing announcement for DeFi, metaverse, data storage, video streaming, and infrastructure tokens. The platform will now support tokens such as Somnium Space (CUBE), BarnBridge (BOND), Injective Protocol (INJ), Livepeer (LPT), Polygon (MATIC), Ocean Protocol (OCEAN), and SushiSwap (SUSHI) for deposit and custody.

Gemini Unveils New Token Listing

According to an official announcement by Gemini, a group of new assets has just become available on the platform. The crypto platform now supports the deposits and custody for tokens such as Somnium Space (CUBE), BarnBridge (BOND), Injective Protocol (INJ), Livepeer (LPT), Polygon (MATIC), Ocean Protocol (OCEAN), and SushiSwap (SUSHI).

1/3 New #DeFi, metaverse, data storage, video streaming, and infrastructure tokens are now open for deposits on Gemini:
🚀Somnium Space $CUBE
🚀BarnBridge $BOND
🚀Injective Protocol $INJ
🚀Livepeer $LPT
🚀Polygon $MATIC
🚀SushiSwap $SUSHI

— Gemini (@Gemini) April 28, 2021

Trading of the six new tokens will start very soon, with OCEAN only available for the custody services.

$OCEAN is now available for custody on Gemini! Find the list of all assets available for custody here ⬇️https://t.co/KTdpyv6Dbq pic.twitter.com/zBeVl5m6Ej

— Gemini (@Gemini) April 28, 2021

Additionally, Gemini becomes the first regulated platform in the United States to offer trading and custody support for tokens such as CUBE, BOND, INJ, and LPT.

Trading will initially start in API/FIX and ActiveTrader™ applications in pairs with the U.S. Dollar (USD). It will then move onto the Gemini Mobile App and website. The new assets will then be added in USD, GBP, EUR, CAD, AUD, HKD, and SGD trading pairs.

With the addition of the new tokens, the platform now offers trading and custody for a total of 39 cryptocurrencies, with 11 available for custody.

Winklevoss-Backed Crypto Platform

The newly listed tokens such as BarnBridge (BOND), SushiSwap (SUSHI), and Injective Protocol (INJ) represents the native coins of popular DeFi ecosystems. While Polygon (MATIC) and Ocean Protocol (OCEAN) tokens are also from the decentralized finance space.

On September 25, 2020, Gemini became the first-ever U.S.-regulated exchange to list Yearn.Finance (YFI), Curve Finance (CRV), Balancer (BAL), and other DeFi assets.

Gemini was founded in 2014 by Cameron and Tyler Winklevoss twins. The firm operates as a New York Trust company and is regulated by the New York State Department of Financial Services (NYDFS). Currently, it has a presence in dozens of countries across six continents, including the U.S., U.K., Australia, and Hong Kong.

cryptoknowmics.com