In a recent announcement, Gemini’s global chief technology officer, Pravjit Tiwana, revealed that the cryptocurrency exchange is in the process of establishing an engineering center in Gurgaon, India. This new center will be the second-largest engineering hub for Gemini, following its primary hub in the United States.
The move to establish an engineering center in India is a strategic decision for Gemini. The country is home to a vast pool of talented engineers and developers, making it an ideal location for the exchange to expand its technical team. Additionally, India’s growing cryptocurrency market presents a significant opportunity for Gemini to increase its presence in the region.
Gemini has been expanding its global footprint in recent years, with the exchange launching in Australia, Canada, Hong Kong, Singapore, South Korea, and the United Kingdom. The establishment of an engineering center in India is the latest step in the exchange’s growth strategy.
Gemini’s decision to expand its engineering team is also indicative of the exchange’s commitment to providing its users with a world-class trading platform. The exchange has been at the forefront of innovation in the cryptocurrency industry, introducing new products and features such as Gemini Earn and Gemini Custody. By expanding its technical team, Gemini will be better equipped to continue to innovate and provide its users with the best possible trading experience.
Gemini’s move to establish an engineering center in India comes at a time when the country’s cryptocurrency market is experiencing significant growth. India’s Supreme Court recently overturned a ban on cryptocurrency trading, paving the way for increased adoption of digital assets in the country. This presents a significant opportunity for Gemini to expand its user base in the region and tap into the growing demand for cryptocurrencies in India.
Overall, Gemini’s decision to establish an engineering center in India is a strategic move that will enable the exchange to expand its technical team and tap into the country’s growing cryptocurrency market. With its commitment to innovation and providing its users with a world-class trading experience, Gemini is well-positioned to continue to grow and succeed in the evolving cryptocurrency industry.