Cryptocurrency exchange Gemini has expanded their lineup of tokens for trading on Monday by adding seven new tokens including those with use cases in the decentralized finance (DeFi), Web3 infrastructure, and gaming and non-fungible token (NFT) worlds.
The seven new tokens ar Bancor (BNT), 1inch (1INCH), Loopring (LRC), The Sandbox (SAND), Skale (SKL), The Graph (GRT), and Enjin (ENJ).
Trading of the tokens is available on Gemini’s API/FIX and ActiveTrader™ platforms for USD trading pairs, and on their mobile application and website for USD, GBP, EUR, CAD, AUD, and HKD trading pairs.
With these new additions, Gemini now offers trading and custody support for a total of 33 cryptos, with a further 10 cryptos available for custody on our platform.
With these new tokens added, there seems to be a clear focus on the recent DeFi and NFT booms. Gemini confirmed the announcement by saying that:
“Our industry is constantly evolving with new projects that promise to redefine the boundaries of finance, gaming, and art, and offer more financial independence. As the Decentralized Finance (DeFi) revolution has come into bloom, over the past weeks we have seen an explosion of interest around digital art and NFTs (non-fungible tokens), and we are excited to continue supporting the development of the space. As we advance our effort to empower the individual through crypto, support for these new tokens allows us to continue building a decentralized community of empowered investors.’
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