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Gemini to open new engineering hub in India to tap into top tech talent and expand business teams in the Asia Pacific
The exchange stated that it will be its second-largest engineering hub after its US hub, and will focus on developing web and mobile user experiences, platform compliance, data pipelines, warehousing, security, payments, and new feature sets for Gemini's non-fungible token (NFT) and crypto asset marketplaces.
The exchange is currently setting up an engineering facility in India, according to Pravjit Tiwana, who is also serving as CEO of Gemini Asia Pacific in addition to his position as the exchange's worldwide CTO.
Gemini's India arm will also focus on expanding its business teams in India and Singapore, with a goal of growing Asia Pacific-based institutional and individual customers. The exchange stated that products and features built at the India location will be used by retail and institutional customers in more than 70 countries.
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Gemini's careers page lists 18 roles, 14 of which are engineering positions, and one seeking a regional vice president. The exchange reported that it is actively hiring talent in India, acknowledging the country's reputation as a hotbed for technology talent. Gemini's new Indian engineering hub will be its second-largest, following the hub in the United States.
This development follows Coinbase's recent announcement of its interest in building more of its business outside of the US. Peer exchange Coinbase has also received a license to operate in Bermuda. As many in the industry are unhappy with the regulatory treatment of crypto firms, more cryptocurrency exchanges may seek to expand their operations outside of the US.