Today marks the one-year anniversary of Gemini Block Trading™, a fully electronic block trading facility. Block trading enables our customers to buy and sell large quantities of digital assets outside of Gemini’s continuous order books, creating an additional on-exchange mechanism to source liquidity when trading in greater size.
Gemini customers have executed over $100mm (notional) of orders via Gemini Block Trading™, since its launch. This has not only been a great trading mechanism for institutional customers, but also for our individual customers who make up more than 85 percent of all block trading customers.
This is a great milestone as we build the future of money. We look forward to the many milestones to come in the years ahead!
Onward and Upward,
Jeanine Hightower-Sellitto, Managing Director of Operations