Gemini launches wallet and on-chain dashboard

Cryptocurrency exchange Gemini has launched a self-custody wallet and an on-chain trading portal as its centralized trading volumes remain relatively low. This comes after the company confidentially filed for an initial public offering in June.

The Gemini Wallet supports password-based sign-up, eliminating the need for recovery phrases. It is designed both to function as an embedded wallet integrated into decentralized applications and as a standalone portable wallet, giving users flexibility in managing assets across different platforms.

“By using the security and convenience of passkeys, we believe that smart wallets are the key to onboarding the next billion users to blockchain,” Gemini said. Passkeys are a secure login method that replaces passwords with cryptographic keys stored on the device, allowing sign-in via fingerprint, face scan, or device PIN.

Gemini also launched the Gemini Onchain Dashboard — a web interface for token trading, accessing decentralized applications, and investing stablecoins or crypto tokens into yield-generating vaults where permitted.

The wallet integrates with major platforms via WalletConnect, supports cross-chain swaps through Bungee, and offers yield opportunities through curated Morpho Gauntlet vaults on the Arbitrum network. Security partner Blockaid provides protection against fraud and malicious actors.

To drive adoption, Gemini is covering gas fees for early users, offering free Ethereum Name Service (ENS) subdomains, and partnering with networks such as Arbitrum, Polygon, Optimism, and Base.

Later this year, Gemini plans to expand the wallet’s capabilities to directly connect to exchange accounts, creating a fully integrated custody and trading experience.

Founded in 2014 by billionaire twins Cameron and Tyler Winklevoss, Gemini is one of the best-known centralized cryptocurrency exchanges, but according to The Block’s dashboard, its trading volumes remain lower than competitors such as Coinbase and Binance.

In June, Gemini announced that it had confidentially filed for a U.S. IPO as crypto companies seized on renewed market momentum. In the same month, the exchange entered the tokenized equities market, enabling EU clients to invest in shares of blockchain-based companies. Last week, the Winklevoss brothers reportedly invested in American Bitcoin Corp., a mining company linked to U.S. President Donald Trump’s sons Eric and Donald Jr.

See also: "Crypto Exchange Bullish Raises $1.11 Billion in IPO"

#Gemini #Blockchain #Cryptowallet

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