Gemini appoints head of Asia-Pacific and opens office in India, may launch derivatives exchange in Asia-Pacific

ChainCatcher news, the US-based cryptocurrency exchange Gemini recently announced the appointment of global Chief Technology Officer Pravjit Tiwana as Chief Executive Officer for the Asia-Pacific region. Tiwana will lead Gemini's new product launches in the region and ensure financial stability. Additionally, as part of its growth plan in the Asia-Pacific region, Gemini will open an office in India. The company stated that this office will become Gemini's second-largest engineering center after the US and will expand its existing offices in the US, UK, Ireland, and Singapore.

It is reported that Gemini has developed a "grand" international growth plan in the Asia-Pacific region this year, initially involving the establishment of product and engineering teams in India, as well as expanding its business teams in India and Singapore.

Earlier reports indicated that Gemini was preparing to launch an overseas derivatives exchange to offer perpetual futures. A source familiar with the matter recently told The Block that the new derivatives platform will launch from the Asia-Pacific region. (The Block)