In a big step forward for the Tezos project, the Winklevoss brothers’ Gemini exchange will be listing Tez for the first time.
This follows the whirlwind growth of the Tezos ecosystem during 2021, which has seen an explosion in the number of monthly contract calls – more than 10 million – across the network.
More than half of the 10 million contract calls across the mainnet have occurred in the past two months – highlighting the meteoric rise of the project.
Gemini, the brainchild of the infamous Winklevoss brothers, is the first exchange platform to successfully navigate the complex web of New York state cryptocurrency regulations in order to offer trading and custodial services.
The Gemini listing is therefore a crucial milestone for Tezos, as it opens the door for the first time to investment from residents in New York state.
This represents a critical step for Tez, as it allows for the institutional adoption of the XTZ asset by the financial powerhouse on Wall Street.
The Winklevoss twins have been long supporters of the Tezos project, and the listing of XTZ on the Gemini exchange has been highly anticipated by investors.
OKcoin has also announced it will be listing Tezos through its US exchange service.
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Sam Cooling
London-based crypto journalist Sam Cooling studied at the London School of Economics (LSE) before working as a Data Technology Consultant for the Fairtrade Foundation.
Coin Rivet combines his passion for technology writing with his zeal for the Decentralised Finance revolution. Sam loves providing daily regulatory and alt coin coverage.
Outside of the crypto world Sam loves boxing, and spends his time working with NGOs in Zambia.