Gemini crypto exchange, founded by Cameron and Tyler Winklevoss, is expanding its trading capabilities for institutional clients in Europe by introducing US dollar payment support. After launching this feature for institutional clients in the UK and Switzerland, Gemini plans to extend it across the EU and EEA in the upcoming weeks. The exchange has partnered with Bank Frick to enable US dollar payment rails for its customers, allowing for fee-free deposits and withdrawals as well as direct trading with US dollars. This addition is aimed at facilitating a seamless trading experience as institutional interest in crypto adoption grows. Gemini will utilize Bank Frick’s instant transfer service to provide a 24/7 fiat on-ramp for these institutional clients. The functionality will soon be available on the platform through Gemini’s EMI-licensed entities.

Source 🔗