Gemini, a prominent U.S.-based cryptocurrency exchange, recently announced its intention to launch an offshore derivatives platform. This move signifies an expansion of Gemini's operations beyond U.S. borders and into international markets. By establishing an offshore derivatives platform, Gemini aims to tap into global crypto opportunities and provide its users with access to a broader range of crypto trading options. This strategic move could potentially enable Gemini to increase its presence in the cryptocurrency industry and leverage the growing demand for derivatives trading in the crypto market.