Return to blog home

Blog home


COMPANY

OCT 27, 2016

Gemini Licensed Custodial Services

link
Gemini Blog Image

It is with great enthusiasm that we present Gemini’s newest offering — Segregated Accounts under the oversight of the New York State Department of Financial Services (NYSDFS). Many customers such as hedge funds, mutual funds, or exchange-traded funds may be required by law to store their digital assets with a regulated custodian like Gemini in separate and dedicated custodial accounts (i.e. unique Bitcoin addresses that are not commingled in a pooled account). As a limited purpose trust company, Gemini is uniquely positioned to legally and securely custody digital assets on behalf of customers with these specific needs. These Segregated Accounts, like Gemini Depository Accounts, leverage our proprietary offline (i.e., air-gapped) Cold Storage system for both bitcoin and ether.

While security has always been a fundamental concern in the cryptocurrency community, recent large-scale thefts and uncertainty regarding exchanges’ legal obligation to customers have further highlighted the necessity of providing a legal and secure means of storing digital assets. Since we first launched, our paramount concern has always been protecting the integrity of our customers’ funds, and this has motivated our uncompromising commitment to financial security and regulatory oversight. We’re excited to continue to expand upon our mission of offering safe and regulated custodial services for digital assets.

For more details on Segregated Accounts, please visit our Custody page or email custody@gemini.com.

Onward and Upward,

Team Gemini

RELATED ARTICLES

SHIB, UNI, BCH

DERIVATIVES

DEC 10, 2024

Introducing Three New Perpetual Contracts on Gemini’s Derivatives Platform: SHIB/GUSD, UNI/GUSD, BCH/GUSD

120524 Blog Cover

WEEKLY MARKET UPDATE

DEC 05, 2024

Bitcoin Pushes Past $100K, Ripple Surpasses Tether by Market Cap, and Trump Names Pro-Crypto SEC Chair

12032024 - Gemini CISO Khaja Ahmed Talks Cyber Attacks, AI, and Crypto Security Challenges in CoinDesk’s Cybersecurity Webinar (1)

SECURITY

DEC 04, 2024

Gemini CISO Khaja Ahmed Talks Cyberattacks, AI, and Crypto Security Challenges in CoinDesk’s Cybersecurity Webinar

MORE FROM CAMERON WINKLEVOSS

View all

02-10-2020 Cryptopedia blog

COMPANY

FEB 18, 2021

Gemini Launches Cryptopedia, A Free Crypto Education Platform

Gemini Logo

COMPANY

OCT 24, 2018

Gemini dollar (GUSD) Is Now Supported by 25 Exchanges

1 Jw i0arHPCfAyhZxFeuzlw

INDUSTRY

SEP 26, 2018

Welcoming Our General Counsel

A simple, secure way to buy and sell cryptocurrency

Trade bitcoin and other cryptos in 3 minutes.