Gemini staking derivatives launch in EU for ETH & SOL
Gemini has launched EU staking derivatives to let EEA users trade USDC perpetual contracts and stake ETH and SOL. The move follows MiFID II authorization and a MiCA license from Malta. It expands Gemini’s product suite for retail and institutional clients. In Q2 2025, derivatives volumes hit $20.2 trillion as spot trading fell 32%. EU ETH staking deposits rose 28% to $90 billion. Gemini staking derivatives aim to boost liquidity and market depth ahead of a planned US IPO. The exchange will offer 16.67 million Class A shares on Nasdaq under GEMI, seeking $317 million with Goldman Sachs, Citigroup, Morgan Stanley and Cantor Fitzgerald as underwriters. This positions Gemini as a stronger contender in Europe’s regulated crypto market.
Bullish
The launch of Gemini staking derivatives in the EU is likely to drive demand for ETH and SOL by offering new trading and staking opportunities. Regulatory approvals (MiFID II and MiCA) enhance market confidence and attract institutional inflows. In the short term, USDC perpetual contracts and staking yield could spike trading volumes and liquidity. Over the long term, the expanded product suite and planned US IPO will strengthen Gemini’s market position, fostering sustained adoption and positive price pressure on ETH and SOL.