Charles Hoskinson Calls on Gemini to List ADA Token

Cardano founder Charles Hoskinson has called on prominent U.S. exchange Gemini to list the ADA token.

Cardano founder Charles Hoskinson has called on prominent U.S. exchange Gemini to list the ADA token.

Hoskinson made this call, albeit in a lighthearted manner, during his appearance at the ongoing Token2049 conference in Singapore. This annual conference brings together leaders and decision-makers of the crypto industry to deliberate on forward-thinking ideas.

At the event, Hoskinson stopped by Gemini’s dedicated booth, using the opportunity to remind the exchange that they have yet to list the ADA token. “When ADA?” read a placard Hoskinson held prominently at Gemini’s booth.

I'm just saying… @Gemini pic.twitter.com/hyaNFLcVAt

— Charles Hoskinson (@IOHK_Charles) September 18, 2024

Cardano (ADA) is a $11.84 billion-valued crypto asset, ranking as the 11th-largest crypto project in the market. Until last month, ADA was among the top ten most valuable cryptocurrencies. It is also one of the most heavily traded assets, with an army of over 3.5 million holders.

Recently, the Cardano blockchain underwent its most significant technical upgrade to date, which was widely supported by top exchanges like Binance.

However, despite ADA’s prominence, Gemini has yet to support the token. Currently, the exchange only offers real-time market data and some historical background on Cardano.

While community members have repeatedly called for Gemini to list ADA, the exchange clearly states it does not yet support the asset on its website.

Now that Hoskinson has joined the movement, it remains to be seen whether Gemini will finally heed the call and list ADA.

Notably, Gemini is not the only major exchange that has yet to enable trading for ADA. Robinhood, for instance, also offers market data for ADA but does not support buying and selling. Nonetheless, these platforms support assets much less prominent than ADA.

The specific reasons preventing them from supporting ADA remain unclear. While regulation might seem to be a factor, it becomes paradoxical when observing that tokens like Solana (SOL) and Filecoin (FIL)—which the SEC has categorized as securities alongside Cardano—are traded on Gemini, whereas ADA is not.