Gemini, Owned by Winklevoss Twins, Secures MiCA Approval for Major EU Expansion

Gemini smashes through regulatory barriers—Winklevoss-owned exchange grabs MiCA license for full European operations.

Strategic Dominance

The approval positions Gemini ahead of rivals still scrambling to comply with the EU's strict crypto framework. No more begging for temporary passes—this is a permanent green light.

Market Impact

Expect liquidity surges as EU investors gain direct access to Gemini's platform. Regulatory clarity often triggers capital inflows—and this time won’t be different.

Finance Jab

Meanwhile, traditional banks are still trying to figure out how to block crypto transactions while losing clients daily. Classic.

Final Take

Gemini just outmaneuvered the entire legacy finance playbook. Europe’s crypto landscape will never look the same.

Gemini’s Crypto Expansion

Earlier in May, Gemini got a MiFID II license, which lets it offer derivatives trading in Europe. With that license, Gemini offers crypto derivatives across the entire European Union (EU) and European Economic Area (EEA).

Just last week, Gemini also filed IPO to list its Class A shares on Nasdaq under the ticker GEMI, marking a big step toward becoming a public company.

In its IPO filing, Gemini revealed a net loss of $282.5 million in the first half of 2025, compared to $41.4 million last year. Revenue dropped slightly to $68.6 million. However, the number of active users ROSE to 523,000, while assets stayed at $18.2 billion.

Moreover, Gemini began offering tokenized stocks in June and began with MicroStrategy’s MSTR for European customers first. It allows investors to buy and sell MSTR 24/7, bringing the security of blockchain to traditional stocks. Gemini collaborated with Dinari Global for this launch.

Also Read: Ripple Provides $75M Credit Line to Gemini Ahead of IPO