Winklevoss Twins’ Gemini Partners with Rakkar to Expand Institutional Crypto in Asia

Gemini, an American crypto exchange founded by twins Tyler and Cameron Winklevoss, and Rakkar, a digital asset custodian in Asia, have announced a partnership to advance the adoption of digital assets across Asia.

This collaboration will provide Rakkar’s custodial clients with access to Gemini’s trading platform, offering enhanced liquidity and competitive pricing.

The partnership aims to equip institutional investors with the tools and confidence needed to engage in the digital asset market.

“Our alliance with Gemini will not only enhance the security and reliability that financial institutions seek.

It will also empower our institutional clients with greater market accessibility and opportunities as they navigate through the evolving realm of digital assets,”

said Arthit Sriumporn, CEO and Founder at Rakkar.

In June last year, Gemini had announced that the firm planned to increase its headcount to over 100 in Singapore over the next 12 months while also establishing an engineering base in India.

In a bid to push its expansion plans, Gemini had appointed former Grab executive Saad Ahmed as the new Head of APAC.

“Ensuring a secure and robust crypto ecosystem for our institutional clients has always been a top priority for Gemini.

Through our collaboration with Rakkar, we continue to expand our efforts in providing secure and reliable opportunities to drive growth and maturation of the crypto industry.”

said Saad Ahmed, Head of APAC at Gemini.