Launching the Gemini Wallet — A Simple and Secure Way To Go Onchain

Today, we launched the Gemini Wallet, a self-custody wallet designed for crypto users and developers alike. Whether you're a retail investor looking for a secure, portable gateway to Web3, or a developer seeking an SDK kit to embed the wallet directly into your dapp, the Gemini Wallet brings flexibility, ease of use, and powerful security to onchain access.

This launch also includes the debut of the Gemini Onchain™ Dashboard — a user-friendly interface at onchain.gemini.com that offers you a transparent hub where you can put your crypto to use.

With gas sponsorship and a seamless connection to your Gemini account, this is the next frontier for crypto wallets—a fully integrated self-custody experience powered by passkeys.

Here are the game-changing features that set the Gemini Wallet apart:

• A first-in-class embedded and portable smart wallet: Typically, customers choose between using an embedded wallet integrated into another decentralized application or a portable, external wallet that offers a single source for their crypto assets. The Gemini Wallet allows you to do both, providing easier use for embedded accounts and continuity for portable accounts.

• Instant onboarding with passkeys: Say goodbye to app downloads and complex secret recovery phrases. With passkeys, accessing your Gemini Wallet is as simple as tapping the Gemini logo on any supported app.

• Transparent view of crypto holdings: With a built-in dashboard at onchain.gemini.com, users get their own curated onchain experience where they can trade tokens that aren’t on the platform, discover new decentralized apps, and invest their stablecoins and crypto tokens in vaults that deliver returns, where available and subject to applicable local laws and regulations.

• Sponsored gas fees and free transactions: We're eliminating barriers to entry by sponsoring gas fees for key actions. Every Gemini Wallet user gets a free ENS subdomain name (e.g., satoshi.gemini.eth) – on us. Plus, we are covering gas fees while you get started, with the help of our launch partners Arbitrum, Polygon, Optimism, and Base.

• Seamless crypto trading from your Gemini account: Once fully rolled out later this year, Gemini Wallet can be connected to your exchange account.

The Gemini Wallet Will Solve Crypto’s Onboarding Problem

For more than a decade, Gemini has had a front-row seat to the evolving crypto ecosystem. We've witnessed waves of adoption into self-custodial wallets driven by groundbreaking use cases: stablecoins revolutionizing payments, DeFi reimagining lending and borrowing, ENS redefining digital identity, DEXs enabling seamless token swaps, and prediction markets reshaping how we forecast the future.

By leveraging the security and convenience of passkeys, we believe smart wallets are the key to onboarding the next one billion people onchain. With passkeys now integrated into every major mobile and computer platform, offering hardware-bound and end-to-end encrypted syncing, we're witnessing a paradigm shift in self-custodial wallet infrastructure.

Building on smart wallets is like leapfrogging from landlines to Starlink. Gone are the days of downloading separate apps or backing up 12-word secret recovery phrases into steel. The next one billion users won't need to grapple with these complexities – they'll simply want the wallet to melt into the background. With a tap of the Gemini button on any app, they'll be able to do just that, using their own keys for a wallet they control.

Gemini Teams Up With Blockaid, WalletConnect, Bungee, and Morpho To Aid Launch

Best in-class security: Gemini has partnered with Blockaid, an end-to-end onchain security leader, to help users keep themselves safe from fraud, scams, or other bad actors.

Easy to use: Gemini has tapped WalletConnect to make accessing Gemini Wallet seamless whether it’s in-app or on desktop. By using WalletConnect, Gemini users are able to connect the self-custody crypto wallet with the world of Web3 and other decentralized apps.

Seamless swaps: We’ve partnered with Bungee, an onchain liquidity marketplace, to provide seamless swaps between any blockchain, where available and in compliance with applicable laws and regulations. Bungee has over $20 billion in volume and is trusted by major wallets and dApps– all while making moving assets between networks efficient, secure, and accessible.

Invest in DeFi: Invest enables you to seamlessly earn rewards on your assets. Using Morpho, you can now deposit into curated Gauntlet vaults on Arbitrum and start earning rewards instantly. Your funds are never locked, so you can withdraw your assets at any time!

Low fees: Network partners are helping us connect our users to low gas fees in the initial days following wallet launch.

Stay tuned for more updates to the Gemini Wallet experience and additional partnerships in the coming months.

Go Where Dollars Won’t,
Team Gemini

Important Information: Gemini Wallet is a self-custody product governed by the Gemini Wallet Terms and Conditions and Privacy Policy. It is distinct from the Gemini Exchange, and you alone control and store your private keys. Features, integrations, and offers (including gas fee coverage and rewards) are limited, subject to change, and may not be available in all jurisdictions. Third-party services and protocols are used at your own risk; Gemini does not control, endorse, or guarantee them, or any associated yields, rewards, returns, tokens, or blockchains.