Tech
Partager cet article

Gemini Exchange Building 'Wrapped Filecoin' for the Ethereum Network

Gemini is calling on developers who want to assist the effort to bring the FIL token to Ethereum.

Par Sebastian Sinclair
Mise à jour 14 sept. 2021, 10:29 a.m. Publié 10 nov. 2020, 1:56 p.m. Traduit par IA
shutterstock_632532662

Cryptocurrency exchange Gemini is developing a "Wrapped Filecoin" (wFIL) service enabling the decentralized storage platform's native token FIL$1,3674 to be used on the Ethereum network.

STORY CONTINUES BELOW
Ne manquez pas une autre histoire.Abonnez vous à la newsletter The Protocol aujourd. Voir toutes les newsletters
En vous inscrivant, vous recevrez des emails sur les produits CoinDesk et vous acceptez nos conditions d'utilisation et politique de confidentialité.

  • In a company blog post on Monday, U.S.-based Gemini said it was on the hunt to work with Ethereum developers wishing to add wFIL to their own products and platforms.
  • Once complete, users will be able to convert FIL stored in their exchange accounts to wFIL at a 1:1 ratio, which can then be withdrawn to any Ethereum address. The wrapped token can also be exchanged back to FIL.
  • Gemini said FIL tokens will be held in Gemini's storage solution with "full transparency," meaning users can verify the amount of FIL the exchange holds is equal to the total wFIL in current circulation.
  • The Filecoin network is a decentralized alternative to platforms like Amazon Web Services on which users can use FIL to purchase storage space via an open market.
  • In 2017, the open-source project raised $257 million in a two-stage token offering of 200 million FIL.
  • The "decentralized model offers a compelling alternative to existing centralized cloud storage offerings," Gemini's post reads.

See also: Gemini Exchange Launches Crypto Trading Against the Euro

Ethereum NewsGeminiFilecoinCoinFlash

Plus pour vous

Protocol Research: GoPlus Security

Par CoinDesk Research
14 nov. 2025
Commissioned byGoPlus
GP Basic Image

Ce qu'il:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

El Salvador Partners with Elon Musk’s Grok in AI-Powered Education for 1M Students

By Olivier Acuna|Edited by Stephen Alpher
1 hour ago
The National Palace in San Salvador, El Salvador.

The nation that first adopted bitcoin as legal tender is looking to pioneer AI-powered education in 5,000 Salvadoran schools with xAI’s Grok

What to know:

  • El Salvador is partnering with Elon Musk's xAI to launch the world's first national AI-powered public education system.
  • The initiative will deploy xAI's Grok chatbot to over 5,000 public schools, benefiting more than a million students and thousands of teachers.
  • The project aims to create new AI datasets and frameworks for education, focusing on local context and responsible AI use.
Read full story