Gemini’s in-principal approval marks a significant step in its strategy to provide regulated futures and options across the EU. The approval is aligned with the MiFID II framework, enhancing regulatory compliance and expanding its services to institutional and retail clients.

Mark Jennings, Head of Europe at Gemini, noted the rising interest in crypto derivatives has surged as the asset class matures. The exchange’s offerings include over 90 digital assets and more than 80 trading pairs on its spot exchange, catering to diverse investor needs.