Gemini Launches Self-Custody Smart Wallet to Simplify Web3 Access

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has launched a self-custody smart wallet designed to simplify access to decentralized finance (DeFi) and onchain ecosystems for everyday users [1]. The wallet, which integrates passkey technology, allows users to log in with biometric authentication, eliminating the need for traditional passwords or recovery phrases [2]. This feature is part of a broader effort to make Web3 more user-friendly while maintaining security and control over digital assets.

The new Gemini Wallet supports gas-free transactions, a feature that reduces friction in onchain interactions by covering the cost of transaction fees [3]. Additionally, the wallet includes a social recovery mechanism, enabling users to regain access to their accounts without compromising their privacy [4]. This is a notable advancement in the evolving self-custody model, where users seek greater control without sacrificing convenience or security.

The wallet also includes an onchain dashboard, allowing users to explore decentralized applications (dapps), monitor yields, and manage multiple crypto assets from a single interface [5]. Gemini is positioning the wallet as a gateway to Web3, integrating tools that facilitate DeFi participation, ENS domain management, and seamless cross-chain interactions [6].

The platform emphasizes a modular architecture built on smart account technology, which enhances functionality while ensuring security remains decentralized [7]. Gemini’s approach aligns with a growing trend in the crypto industry to bridge the gap between traditional finance and the decentralized web, aiming to onboard the next billion onchain users.

The launch of the Gemini Wallet marks a strategic move for the exchange to expand beyond its core trading services and into the broader Web3 ecosystem [8]. By embedding passkey authentication and simplifying recovery processes, Gemini is addressing two of the most common pain points for new users entering the crypto space.

The wallet is now available to Gemini users globally, with no requirement for third-party integrations or external account recovery mechanisms [9]. The integration of social recovery and gas sponsorship underscores Gemini’s commitment to reducing barriers to entry for mainstream adoption of blockchain technology.

Source:

[1] Gemini Launches Self-Custodial Smart Wallet, Streamlining ...

https://cryptoevents.global/gemini-launches-self-custodial-smart-wallet-streamlining-onchain-access-for-users/

[2] Billionaire Winklevoss Twins-Backed Gemini Launches ...

https://www.coindesk.com/business/2025/08/14/billionaire-winklevoss-twins-backed-gemini-launches-self-custodial-smart-wallet

[3] Gemini Launches Self-Custodial Smart Wallet with ...

https://www.ainvest.com/news/gemini-launches-custodial-smart-wallet-winklevoss-twins-backing-2508/

[4] Lost your crypto password or seed phrase? Here's what ...

https://www.coinglass.com/ru/news/534030

[5] Gemini Wallet® | Access onchain ecosystems.

https://www.gemini.com/wallet

[6] Gemini Unveils Self-Custody Smart Wallet to Onboard the ...

https://coincentral.com/gemini-unveils-self-custody-smart-wallet-to-onboard-the-next-billion-onchain/

[7] Gemini Launches Self-Custody Wallet With Passkey Tech ...

https://news.bitcoin.com/gemini-launches-self-custody-wallet-with-passkey-tech-and-web3-integration/

[8] Billionaire Winklevoss Twins-Backed Gemini Launches ...

https://finance.yahoo.com/news/billionaire-winklevoss-twins-backed-gemini-130000358.html

[9] Gemini Unveils Smart Wallet to Simplify Web3 Access

https://www.cointrust.com/market-news/gemini-unveils-smart-wallet-to-simplify-web3-access