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

Gemini (GEMI), the cryptocurrency trade based by billionaire twins Cameron and Tyler Winklevoss, has formally launched the Solana (SOL) version of its bank card on October 20, enabling prospects to earn as much as 4% again in SOL rewards on their purchases.

Nearly 300% Increase In SOL Rewards Over One Year

A standout characteristic of the brand new bank card is the flexibility for customers to robotically stake their Solana rewards, yielding as much as 6.77% again. This is a primary for Gemini prospects, who can decide in to this characteristic when signing up for the cardboard or select it as their reward possibility if they’re current customers. 

Notably, Gemini reported that prospects who held their SOL rewards for a minimum of a yr skilled spectacular development, with rewards growing by 299.1% as of July 27, 2025—among the finest performances amongst cryptocurrencies accessible on the platform. 

Additionally, the Gemini Credit Card is designed with consumer comfort in thoughts, that includes no annual charges, no expenses for receiving crypto rewards, and no overseas transaction charges. 

Earlier this yr, Gemini expanded its choices by launching institutional staking for Solana. This initiative allows exchange-traded funds (ETFs), companies, and high-net-worth purchasers to stake their SOL immediately by way of Gemini Custody. 

This transfer, which started on June 23, included partnerships with corporations like DeFi Dev Corp., managing over 2 million SOL, and Purpose Investments, a Canadian issuer of a Solana ETF. 

Gemini And Solana Team Up For 48-Hour Streaming Event 

In addition to the bank card launch, Gemini has partnered with Solana to host a 48-hour nonstop livestream on X (previously Twitter), commencing October 21, immediately from the Gemini headquarters in New York City.

These developments add to a big yr for the cryptocurrency trade, which lately made its debut on the Nasdaq, with its inventory GEMI, elevating $425 million on the primary day of its preliminary public providing (IPO). 

The Winklevoss twins’ trade joins the ranks of different crypto corporations which have gone public this yr, together with Circle (CRCL), the issuer of the second-largest stablecoin (USDC), and Bullish (BLSH), backed by one other crypto billionaire Peter Thiel.

As of this writing, GEMI, the cryptocurrency trade’s inventory with a market cap of $2.7 billion, is buying and selling at $20.29. This worth is under the corporate’s preliminary public providing worth of $28. 

Similarly, the Solana worth has erased almost all of its year-to-date features, dropping 20% and 21% within the final fourteen and thirty days, respectively. This leaves SOL with solely 17% features year-to-date and down 36% from all-time high ranges. 

Featured picture from DALL-E, chart from TradingView.com