Cryptocurrency exchange Gemini, founded by the Winklevoss twins, has announced a significant expansion of its services in the European Union, introducing Ethereum and Solana staking alongside perpetual futures contracts.

This move aligns with the exchange’s recent regulatory approval under the EU’s Markets in Crypto-Assets Regulation, positioning Gemini as a key player in Europe’s evolving crypto market.

Gemini noted that this move aligns with its commitment to providing a comprehensive and regulated platform for both retail and institutional investors across the European Economic Area (EEA).

The exchange brings ETH and SOL staking to users in the EEA as it targets a strategic expansion across a market seeing significant growth.

Ethereum and Solana staking

The staking, which allows EU users to earn rewards on Ethereum (ETH) and Solana (SOL) with no minimum deposit requirement, has been made accessible to a wide range of investors.