Share this article
Gemini Introduces ‘Earn’ Product in Hong Kong as Part of Asia Push
Users can receive yields of up to 8.05%.
Updated May 11, 2023, 7:09 p.m. Published Oct 20, 2021, 12:02 a.m.
U.S.-based crypto exchange Gemini has launched its interest-bearing product in Hong Kong.
- “Gemini Earn” enables customers to receive up to 8.05% annual percentage yield (APY), according to a press release on Tuesday.
- The exchange supports interest-bearing APY for up to 39 different assets with the highest rate provided by Gemini’s own stablecoin, GUSD.
- Jeremy Ng, managing director of Gemini Asia Pacific, told CoinDesk via Telegram Tuesday that the move was part of the exchange’s expansion into Asia.
- “It’s important to provide our customers here with access to products and tools to help them along their crypto journey,” Ng said. “Gemini is committed to developing products that are customized and localized for our Asia-based customers.”
- Founded in 2014 by twin brothers Cameron and Tyler Winklevoss, Gemini expanded into the Asia Pacific region last year, establishing a base in Singapore and a satellite office in Hong Kong.
Read more: Gemini Plots Singapore Expansion With Appointment of New Asia Director
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- 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.
More For You
Nasdaq, home of Coinbase, Strategy stocks, seeks 23-hour trading amid investor demand
Crypto's 24/7 trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.
What to know:
- Nasdaq plans to expand stock and exchange-traded product trading to 23 hours a day, five days a week, according to a filing.
- The move follows similar initiatives by the New York Stock Exchange and reflects growing global demand for extended market access.
- Always-on cryptocurrency trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.
Top Stories
