The Gemini crypto exchange is investing $ 24 million in the hub in India
The Gemini crypto exchange is investing $ 24 million in the hub in India
- Gemini has announced plans to invest $ 24 million in its technology and crypto hub in India.
- The crypto exchange stops more employees in the areas of compliance, software engineering and support to increase their over 70-strong workforce in the Gurgaon Center.
The US crypto tour Gemini plans to invest 200 crore INR ($ 24 million) in its development center based in India, as can be seen from the details announced today.
The stock exchange will invest this amount in the Gurgaon technology center over the next two years, said Pravjit Tiwana, CEO of Gemini for the Asian-Pacific. Tiwana is also the global Chief Technology Officer (CTO) of the cryptocurrency company.
" India has long been seen by the world's leading technology companies as a hub for talents that set new standards, and we are pleased to tell you that we are strengthening our investments in the country. In the next two years we are planning to invest 200 crore inr ($ 24 million) in the expansion of our development center in Gurgaon" Tiwana in a blog publication published on September 26th.
growing cryptocurrency and web3 in India
Gemini opened the Gurgaon technology development center in May and recently opened an office in the cyber hub on Cyber Greens campus.
Despite the uncertain regulatory landscape in India, the number of employees of the technology center has grown to over 70 people. The investment is used to enlarge the team and drive the innovation at the Gurgaon hub.
This should lead to Gemini supports the overall growth of the crypto ecosystem in India and all over the world and extends to all over 70 countries in which the stock exchange works. Other goals include the use of the development center to improve the "core platform bases", which include compliance, security, data pipelines and warehousing as well as payments.
In addition to software developers and technical product managers, Gemini is also looking for talents in the areas of finance, customer support and compliance.
The expansion from Gemini to India aims to strengthen the position of the country as one of the leading centers for entrepreneurial and technological development in order to make crypto and web3 accessible to the masses.
Source: Coinlist.me
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