Gemini, a cryptocurrency exchange based in the United States, has announced that it will be expanding its global engineering operations by opening a new office in Gurugram, India. The company plans to make India its second-largest engineering hub. This move is part of Gemini’s strategy to increase its engineering workforce and expand its presence in key global markets.
The new office in India will focus on software engineering, security, and other key areas of the company’s technology operations. Gemini’s expansion into India demonstrates the company’s commitment to investing in top-tier talent and to building a strong global presence in the cryptocurrency industry.
In recent years, there has been a growing trend among crypto firms, such as Coinbase and Algorand, to recruit talented Indian developers to join their teams. India has a large pool of skilled developers who are familiar with blockchain technology and can help these firms drive innovation in the cryptocurrency space.
Gemini’s teams in India will focus on developing core platform fundamentals such as compliance, security, and payments, as well as building new features for their NFT and crypto asset marketplaces.
Gemini is currently hiring software engineers, technical product managers, and builders for its Gurgaon office to work on various technologies such as DeFi, NFTs, DAOs, and Web3.
Pravjit Tiwana, the former global Chief Technology Officer (CTO) at Gemini, has reportedly been appointed as the CEO of the company’s Asia-Pacific (APAC) operations. In his new role, Tiwana will be responsible for managing Gemini’s products and services in the APAC region, which includes India and Singapore.
After surviving a tough period in the cryptocurrency market last year, Gemini faced a cash crunch and was supported by its founders, Tyler Winklevoss and Cameron Winklevoss, who invested $100 million of their own funds into the company.