Gemini Wins Malta Approval for Regulated Crypto Futures

Crypto exchange Gemini has received in-principle approval from Malta for an Investment Firm license, allowing it to offer perpetual futures across the European Union. The approval, granted by the Malta Financial Services Authority (MFSA), is still subject to final pre-authorization requirements.

Regulated Futures and Options on the Horizon

Once fully approved, the license will allow Gemini to provide regulated futures and options to advanced traders and institutions across the EU and the European Economic Area (EEA). These services will operate under the Markets in Financial Instruments Directive (MiFID II), the regulation that oversees traditional financial markets.

This approval marks a key milestone in Gemini’s 2025 European expansion plan. By introducing perpetual futures contracts, the company aims to grow its presence among both retail and institutional investors.

Strengthening Its Market Presence

Gemini already offers a range of crypto trading services, including:

• A spot exchange with over 90 digital assets
• ActiveTrader with more than 80 trading pairs
• An OTC desk for high-volume trades
• An eOTC trading system designed for institutional investors

Mark Jennings, Gemini’s Head of Europe, said interest in crypto derivatives has risen sharply, especially among institutional investors.

“Interest in crypto derivatives, particularly from institutions, has increased significantly in recent years, as crypto matures into a recognised asset class.”

He further emphasized that Gemini is committed to providing a best-in-class offering for retail and institutional investors.

Expanding Its Footprint in Europe

Gemini is actively growing its presence across Europe. The company has already obtained a Virtual Financial Assets (VFA) Service License from the Maltese regulator, allowing it to operate under the Markets in Crypto-Assets (MiCA) regulation. It also holds a similar license in France, reinforcing its position in the region.

With demand for crypto derivatives increasing, major exchanges are securing regulatory approval to offer these products. Coinbase and Kraken have recently obtained MiFID II licenses to provide similar services in Europe. With its new approval in Malta, Gemini is positioning itself as a strong competitor in the regulated derivatives market.

At the same time, the company is also making moves in the US. Reports suggest that Gemini is exploring an Initial Public Offering (IPO), signaling its ambitions for further global expansion.