Get the hottest Singapore fintech news delivered to your inbox once a month
American cryptocurrency exchange Gemini, founded by twins Tyler and Cameron Winklevoss, and Asian digital asset management firm Lacquer have announced a partnership to boost the adoption of digital assets across Asia.
The partnership will give Rakkar custody clients access to Gemini’s trading platform, improving liquidity and enabling competitive pricing.
The partnership aims to give institutional investors the tools and confidence they need to enter the digital asset market.
Arthit Srinpong
“Our partnership with Gemini does more than just provide the added security and reliability that financial institutions require.
It also provides our institutional clients with greater market access and opportunities as they navigate the evolving space of digital assets.”
“Rakkar is a game changer,” said Arthit Sriumporn, CEO and Founder of Rakkar.
Last June, Gemini Announced The company plans to increase its workforce in Singapore to more than 100 people over the next 12 months and also has plans to set up an engineering base in India.
To further its expansion plans, Gemini Appointed Former Grab executive Saad Ahmed has been appointed as the new head of APAC.
Saad Ahmed
“Ensuring a safe and robust crypto ecosystem for our institutional clients has always been Gemini’s top priority.
Through our collaboration with Rakkar, we continue to expand our efforts to provide safe and trusted opportunities that foster the growth and maturity of the crypto industry.”
