Gemini, a major cryptocurrency exchange headquartered in New York, announced on Thursday that it launched a staking program called “Gemini Staking”, which allows customers to lock up their assets within their accounts and earn rewards or interest.
The program enables investors to seamlessly stake any crypto amount without fees and receive staking rewards in their Gemini account.
Gemini said customers can begin staking MATIC on the Polygon network, with plans to support Ethereum (ETH), Solana (SOL), Polkadot (DOT), and Audius (AUDIO) will take place next month after the Merge goes live.
Layla Amjadi, Vice President of Product at Gemini, said that customers’ interest influenced by the Merge was the key to the company’s move to launch its staking services.
Amjadi stated: “It's now clearer than ever that people are interested in staking, especially now that we're on the cusp of the Ethereum Merge. With Ethereum being a staking option for them on Gemini soon and after the Merge, and with...
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