Cryptocurrency exchange Gemini will open its derivatives platform Gemini Foundation outside of the United States, and its first product will be a BTC perpetual contract denominated in Gemini dollars (GUSD), followed by a GUSD-linked ETH perpetual contract. Unlike traditional derivatives, perpetual contracts have no expiration date.
Gemini Foundation will allow eligible clients to leverage their crypto assets for long or short crypto exposures to manage risk, generate returns and gain targeted exposure.
Gemini Foundation will allow eligible clients to leverage their crypto assets for long or short crypto exposures to manage risk, generate returns and gain targeted exposure.