Digital assets platform Gemini announced on November 12, 2021 that they are pleased to confirm support for Shiba Inu (SHIB), along with a wide range of decentralized finance (DeFi), Metaverse, infrastructure, and data management tokens.
As mentioned in an update from Gemini, Shiba Inu (SHIB), Audius (AUDIO), Mask Network (MASK), Wrapped Centrifuge (wCFG), Quant (QNT), Radicle (RAD), Burn (ASH), SuperRare (RARE), Fetch AI (FET)*, and Numeraire (NMR) are “now supported for deposits and custody on Gemini.”
As noted in the announcement, trading for these crypto tokens, as well as API3 (API3) and USD Coin (USDC), which Gemini currently supports for custody, “will follow.” Gemini also wrote in a blog post that trading will “first open on [their] API/FIX and ActiveTrader applications for USD trading pairs.” It will then open on their Gemini Mobile App and website “on a rolling, token-by-token basis for USD, GBP, EUR, CAD, AUD, HKD, and SGD pairs.”
Gemini reminded users that trading for ASH and RARE will “remain exclusively limit-only on our API/FIX and ActiveTrader applications for USD trading pairs.” You may follow their Twitter account @Gemini “for real-time updates as these tokens become available for trading.”
With the addition of these new tokens, Gemini now provides trading and custody for over 60 tokens, with “an additional 16 tokens available for custody,” the company revealed.
They added:
“We are proud to be the first regulated U.S. exchange to offer trading for API3, ASH, and RARE. We believe these tokens will provide value to our users and will continue to support DeFi, the budding metaverse, decentralized infrastructure, and data management environments.”
The crypto exchange also mentioned:
“We look forward to supporting new crypto projects on our mission to empower you, the individual, through crypto.”
For more details on this update, including detailed information on each new token listed, check here.
As covered, Gemini recently provided extensive Bitcoin ecosystem updates, following the 13th anniversary of the cryptocurrency’s whitepaper release.
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