Gemini, the regulated cryptocurrency exchange founded by Cameron and Tyler Winklevoss, continues to innovate in the digital asset space with a trio of recent updates that cater to both retail and institutional investors.
From an enhanced rewards program for its Bitcoin Credit Card to the launch of Solana staking through Gemini Custody and the introduction of the Official Trump token (TRUMP) for trading, these developments underscore Gemini’s commitment to expanding its product suite while maintaining its focus on security and compliance.
Recently, Gemini announced an enticing update to its Gemini Credit Card, now branded as the Bitcoin Credit Card.
Cardholders can earn an impressive 10% back in cryptocurrency on purchases at golf courses, a significant jump from the card’s standard rewards structure.
This offer / product update complements the card’s existing rewards: 4% back on gas and EV charging (up to $300 monthly), 3% on dining, 2% on groceries, and 1% on all other purchases.
Rewards are instantly deposited into the user’s Gemini account in their chosen cryptocurrency, including Bitcoin, Ethereum, or over 50 other supported assets.
The Bitcoin Credit Card, issued by WebBank and accepted wherever Mastercard is used, has no annual fee or foreign transaction fees, making it a good option for crypto enthusiasts looking to earn digital assets on everyday spending.
The golf course promotion taps into a niche but affluent market, aligning with Gemini’s strategy to offer tailored rewards that resonate with specific lifestyles.
This move also highlights the card’s flexibility, as users can switch their reward cryptocurrency at any time, adapting to market trends or personal preferences.
For golf aficionados, this limited-time offer could be a hole-in-one for building their crypto portfolio.
Gemini also expanded its institutional offerings with the launch of Solana (SOL) staking through Gemini Custody.
This service allows non-U.S. clients to stake Solana directly from their custodial accounts, generating passive income with an estimated annual percentage yield (APY) of 3.18%.
Unlike traditional staking, Gemini’s solution requires no minimum balance for regular staking, though U.S. investors are currently limited to staking Ethereum (ETH) and Polygon (MATIC) due to regulatory constraints.
Gemini Custody, known for its cold storage and $100 million in private crime insurance, provides a secure environment for institutional clients, fintechs, and businesses to manage digital assets.
The addition of Solana staking reflects growing demand for yield-generating opportunities in high-performance blockchains like Solana, which is renowned for its speed and low transaction costs.
By integrating staking into its custodial services, Gemini strengthens its appeal to private clients and institutions seeking to diversify their crypto strategies while prioritizing regulatory compliance and security.
In a nod to the intersection of politics and crypto, Gemini introduced trading for the Official Trump token (TRUMP) on its platform.
This move capitalizes on the token’s cultural and market relevance, particularly amid heightened interest in crypto-friendly policies under the Trump administration.
The TRUMP token joins over 70 cryptocurrencies available on Gemini, including Bitcoin, Ethereum, Solana, and Dogecoin, offering traders another avenue to engage with meme-driven or politically themed assets.
Gemini’s decision to list TRUMP aligns with its ActiveTrader platform, which supports high-speed trading, 100x leverage on perpetual futures, and advanced charting tools for experienced investors.
The exchange’s robust liquidity, ranking in the top 15 for daily trading volume, ensures seamless trading for TRUMP and other assets.
However, traders should approach such tokens with caution, as their value can be highly volatile and influenced by external factors like political developments or social media trends.
These updates reinforce Gemini’s position as a leader in the crypto industry, blending innovative products with a security-first approach.
The Bitcoin Credit Card’s golf course rewards cater to lifestyle-driven spending, Solana staking enhances institutional offerings, and TRUMP trading taps into current market trends.
As Gemini navigates a dynamic regulatory landscape and prepares for a potential public listing by 2026, its focus on compliance, user experience, and product diversification sets a high bar for competitors.
For crypto investors, these developments offer new ways to earn, stake, and trade in a trusted, regulated environment.