Gemini surpasses USD30bn in crypto under custody
Gemini now has more than USD30 billion in crypto under custody. Tracking with the impressive growth of the crypto market this year and increased participation from institutional investors, the company have more than tripled its crypto under custody since the beginning of 2021.
Gemini Custody includes: Qualified Custodian; Offline Cold Storage; Hardware Security Keys; Approved Address List; Instant Liquidity; Web Interface; and Sub-accounts.
The company serves a range of institutional clients, including hedge funds, trading firms, corporate treasuries, and asset managers. In March, Gemini launched Gemini Fund Solutions, which supports more crypto fund issuers than any firm in the world. and the company has assisted asset managers in successfully launching several exchange-listed crypto funds, including the first North American bitcoin and ether ETFs.
Gemini's custodial services are used by some of the worlds largest asset managers including BlockFi, Blockchange, CoinList, CI Global Asset Management, DAiM, BTG Pactual, Caruso, Eaglebrook Advisors, and WealthSimple.
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