Gemini Will Allocate $24M to Indian Expansion

The European branch of Gemini is situated in Ireland, while the company is actively expanding into other markets.

One of its current initiatives is to fund infrastructure development projects in India.

The Gemini team has recently announced that they will be allocating 2 billion rupees ($24 million) towards projects in the Asian country.

The company is also planning to establish a product and service development center in Gurgaon, with a focus on creating data storage and processing platforms.

To achieve this, Gemini intends to hire experts in blockchain technology.

The company is looking to expand its Gurgaon office by hiring an additional 70 employees.

Furthermore, the Gemini administration is hopeful that the Indian government will implement a regulatory framework that will foster growth in the industry, potentially making India a leading market for cryptocurrencies.