Gemini Launches Self-Custody Wallet with Passkey Technology and Web3 Integration

NEW YORK – Cryptocurrency exchange Gemini announced the launch of Gemini Wallet, a self-custody wallet, and an onchain dashboard designed to streamline access to DeFi, decentralized app (dapp) exploration, and gas-free transactions on major Layer 2 networks.

On August 14, Gemini unveiled its new self-custody smart wallet, engineered to simplify onchain interactions for both everyday crypto users and developers. The wallet is complemented by the Gemini Onchain Dashboard, a browser-based hub where users can view their holdings, explore decentralized applications, and earn returns through DeFi vaults.

Eric Kuhn, head of onchain at Gemini, stated, "Today, we launched the Gemini Wallet, a self-custody wallet designed for crypto users and developers alike." He added, "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."

A key feature of the Gemini Wallet is its use of passkey technology, which allows for seamless, one-tap onboarding across both mobile and desktop platforms. This innovation eliminates the need for users to download separate applications or manage complex secret recovery phrases. The wallet supports both embedded and portable use cases, providing users with convenience and continuity.

To lower the barrier to entry, Gemini has partnered with networks such as Arbitrum, Polygon, Optimism, and Base to sponsor gas fees, reducing transaction costs for users during the initial rollout. Early adopters of the wallet will receive a free ENS (Ethereum Name Service) subdomain and gain access to onchain tools through a transparent dashboard at onchain.gemini.com.

The new product is supported by a range of strategic partnerships aimed at enhancing user experience and security. Blockaid provides security infrastructure to protect against scams, while WalletConnect ensures compatibility across various devices. Bungee enables efficient cross-chain token swaps, and Morpho allows users to deposit assets into curated DeFi vaults for real-time access and withdrawal. Later this year, the wallet will be fully integrated with the Gemini exchange, aiming to remove legacy barriers and accelerate global crypto adoption.