Winklevoss-Led Gemini Exchange Unveils New Credit Card Featuring Solana Rewards

Gemini (GEMI), the cryptocurrency exchange founded by billionaire twins Cameron and Tyler Winklevoss, has officially launched the Solana (SOL) edition of its credit card on October 20, enabling customers to earn up to 4% back in SOL rewards on their ￰0￱ 300% Increase In SOL Rewards Over One Year A standout feature of the new credit card is the ability for users to automatically stake their Solana rewards , yielding up to 6.77% ￰1￱ is a first for Gemini customers, who can opt in to this feature when signing up for the card or choose it as their reward option if they are existing users. Notably, Gemini reported that customers who held their SOL rewards for at least a year experienced impressive growth, with rewards increasing by 299.1% as of July 27, 2025—one of the best performances among cryptocurrencies available on the platform.

Additionally, the Gemini Credit Card is designed with user convenience in mind, featuring no annual fees, no charges for receiving crypto rewards , and no foreign transaction ￰2￱ this year, Gemini expanded its offerings by launching institutional staking for ￰3￱ initiative enables exchange-traded funds (ETFs), corporations, and high-net-worth clients to stake their SOL directly through Gemini ￰4￱ move, which began on June 23, included partnerships with firms like DeFi Dev Corp., managing over 2 million SOL, and Purpose Investments, a Canadian issuer of a Solana ￰5￱ And Solana Team Up For 48-Hour Streaming Event In addition to the credit card launch, Gemini has partnered with Solana to host a 48-hour nonstop livestream on X (formerly Twitter), commencing October 21, directly from the Gemini headquarters in New York ￰6￱ developments add to a significant year for the cryptocurrency exchange, which recently made its debut on the Nasdaq, with its stock GEMI, raising $425 million on the first day of its initial public offering (IPO).

The Winklevoss twins’ exchange joins the ranks of other crypto firms that have gone public this year, including Circle (CRCL), the issuer of the second-largest stablecoin (USDC), and Bullish (BLSH), backed by another crypto billionaire Peter ￰7￱ of this writing, GEMI, the cryptocurrency exchange’s stock with a market cap of $2.7 billion, is trading at $20.29. This price is below the company’s initial public offering price of $28. Similarly, the Solana price has erased nearly all of its year-to-date gains, dropping 20% and 21% in the last fourteen and thirty days, ￰8￱ leaves SOL with only 17% gains year-to-date and down 36% from all-time high ￰9￱ image from DALL-E, chart from ￰10￱