Gemini, the digital currency exchange founded by the Winklevoss twins, announced on Monday that it added seven new digital tokens that support decentralized finance, gaming, NFTs, and the decentralized web.
The six tokens that are entirely new to its platform include Bancor, 1inch, Loopring, The Sandbox, Skale, and The Graph. The token Enjin is already supported for custody purposes, but will now be available for trading.
The latest additions raise Gemini’s total supported cryptocurrencies to 33. Another 10 are supported under its custodial services.
A fresh interest in the DeFi revolution, digital art, and NFTs has contributed to Gemini’s expansion into crypto projects. The exchange only recently counted more than $20 billion in crypto under custody.
Bancor is a payment token that allows users to convert virtual currency tokens without the need for a counterparty to facilitate the exchange. The 1inch token is associated with a platform that provides the best crypto prices across decentralized exchanges. Loopring offers a pool of open-sourced software to help build decentralized exchanges. The Sandbox is a virtual world where users can monetize their gaming experiences, similar to Enjin. Skale and The Graph allows developers to build decentralized apps in cost-effectively.
Enjin last month launched a web game with Microsoft that introduced NFTs for use on one of the world’s most popular games, Microsoft.
“We look forward to providing further access to new crypto projects as our industry grows to new heights, and as we continue to build the infrastructure to support the future of finance,” Gemini said in a statement.