Gemini stated that a platform for derivatives would soon be launched outside of the U.S.
Gemini claims that the scale of its new engineering hub in India will be second only to that of its hub in the US.
The Ontario Securities Commission received a pre-registration undertaking from the crypto exchange Gemini on April 12.
The brothers reportedly provided the loan to Gemini after failing to get outside investment for the exchange.
According to Coindesk, JPMorgan is severing its financial ties with the cryptocurrency exchange Gemini.
BlockFi founders and Gemini are the subjects of a class action lawsuit filed by an investor over frozen money.
Genesis and Gemini had also reached a $100 Million agreement over the Earn program
Gemini Earn, a product of Gemini Trust Company, has come under scrutiny recently after a report indicated users had been misled about FDIC coverage.
Genesis Global Capital had over 100,000 creditors and liabilities ranging between $1 billion and $10 billion.
In a lawsuit filed late on Thursday, the U.S. Securities and Exchange Commission (SEC) claimed cryptocurrency exchange Gemini and cryptocurrency lender Genesis Global Capital offered unregistered securities.