Gemini's New Wallet Launch: Gemini has introduced a self-custody wallet with multichain and DeFi support, enhancing user access to decentralized finance across Ethereum, Arbitrum, and Polygon, while promoting engagement through features like atomic swaps and yield vault participation.
Market Impact and Future Prospects: The launch aims to expand Gemini's market presence in the competitive exchange landscape, despite lacking native BTC support, by offering gas-free exchanges and improved liquidity options, potentially increasing user activity and Total Value Locked (TVL) in the platform.
