Institutions
INSTITUTIONAL PRODUCTS
WHO WE SERVE
The Gemini Trust Center
Transparency builds trust
Metrics
The metrics below are for informational purposes only and are refreshed hourly.
Total Crypto on Platform
$8,596,103,285
BTC
$5,422,639,285
ETH
$2,319,056,713
Alts
$854,407,287
Last Updated: December 10, 2023 @ 6:00 PM ET | UTC-05:00
Total Fiat
$361,223,561
USD
$321,785,975
SGD
$21,346,386
Other
$18,091,200
Last Updated: December 10, 2023 @ 6:00 PM ET | UTC-05:00 Fiat assets held for the benefit of our customers.
U.S. dollars are held at FDIC-insured banks.
FDIC-Insured Banks
10.9%
U.S. Treasury Bills
45.98%
Money Market Funds
43.12%
GUSD Last Updated: December 10, 2023 @ 6:25 PM ET | UTC-05:00 Latest attestation 10/31/2023. Historical here.
The Gemini dollar reserves are held and maintained as cash deposits at State Street Bank and Trust Company and BNY Mellon N.A.; investments in U.S. Treasury bills held at BNY Mellon N.A., and money-market funds held at BNY Mellon N.A., that are in turn invested only in government securities, repurchase agreements collateralized solely by government securities and/or cash, and cash. Market values are based on the fair value of assets and on a trade-date basis.
Fiat Net Flows
-$1,452,350
USD
-$1,740,473
SGD
$258,722
Other
$29,401
Last Updated: December 10, 2023 @ 6:00 PM ET | UTC-05:00 (24hrs).
Crypto Net Flows
-$6,457,527
BTC
-$7,902,942
ETH
$760,400
Alts
$685,014
Last Updated: December 10, 2023 @ 6:00 PM ET | UTC-05:00 (24hrs).
Gemini Exchange Uptime
99.66%
Last Updated: December 10, 2023 @ 6:30 PM ET | UTC-05:00 (90 days). This displays the higher of Web and Mobile uptimes, not including maintenance.
Audited Financial Statements
December, 2022
December, 2021
December, 2020
December, 2019
SOC 1 Type 2 Exams
10.1.2021 - 9.30.2022
10.1.2020 - 9.30.2021
10.1.2019 - 9.30.2020
SOC 2 Type 2 Exams
10.1.2021 - 9.30.2022
10.1.2020 - 9.30.2021
10.1.2019 - 9.30.2020
1.1.2019 - 9.30.2019
Cryptos Supported
87
Fiats Supported
8
Countries Operational
71
Trading Pairs
429
Gemini Earn Update
December 8, 2023 (Friday)
This week, Judge Lane entered the order approving solicitation of Genesis’s Amended Disclosure Statement, and Genesis filed the solicitation version of the Disclosure Statement. The Solicitation Package is available here.
Solicitation is expected to start next week (see November 29th update, below). Specific details regarding how Earn Users can cast their votes will be sent to Earn Users via email. The voting deadline is January 10, 2024. Judge Lane will consider confirmation of Genesis’s Amended Plan on February 14, 2024.
View all updates
Full-Reserve Exchange and Custodian
Gemini is a full-reserve exchange and custodian.
This means that all customer funds held on Gemini are held 1:1 and available for withdrawal at any time.
Gemini holds customer fiat currency in accounts that are segregated from our business, operating, and reserve bank accounts established specifically for the benefit of Gemini customers.
We do not do anything with your fiat funds unless explicitly authorized and directed to do so by you.
Gemini holds customer digital assets in accounts that are segregated from our assets.
We do not do anything with your digital assets unless explicitly authorized and directed to do so by you.
Fiduciary and Qualified Custodian
In addition to being a full-reserve platform, Gemini Trust Company, LLC is a fiduciary and qualified custodian under the New York Banking Law and is licensed by the New York State Department of Financial Services (NYDFS).
Capital Requirements
NYDFS imposes certain excess capital requirements for all assets held on Gemini. At any given time, Gemini is required to hold capital in excess of customer deposits and must report any material changes in this capital to the NYDFS.
Gemini is Highly Regulated
Since our inception eight years ago, we have worked with regulatory stakeholders and lawmakers around the world to help shape thoughtful regulation that fosters both consumer protection and innovation. We will continue to do this work. We have spent considerable time applying for and becoming licensed and regulated in various jurisdictions across the world. This is not the easier path (it is expensive and time consuming) but we believe it is the right one.
Our Licenses
United States
Money transmitter licenses or the statutory equivalent
Alabama
SC Money Transmitter License, 578
Alaska
Money Transmitter License, AKMT-10121
Arizona
Money Transmitter License, 949523
Arkansas
Money Transmitter License, 113513
Colorado
DOB Money Transmitters License, 500243
Connecticut
Money Transmission License, MT-1518126
Delaware
Check Seller, Money Transmitter License, 24051
District of Columbia
Money Transmitter License, MTR1518126
Georgia
Seller of Payment Instruments License, 52628
Hawaii
N/A - Hawaii Digital Currency Innovation Lab Participant
Idaho
Money Transmitters, MTL 218.00
Illinois
Money Transmitter License, MT.0000333
Iowa
Money Services License, 2016-0085
Kansas
Money Transmitter License, MT.0000316
Kentucky
Money Transmitter License, SC396759
Maine
Money Transmitter License
Maryland
Money Transmitter License, 12-1518126
Michigan
Money Transmitter License, MT0021390
Minnesota
Money Transmitter License, MN-MT-1518126
Mississippi
Money Transmitter License, 1518126
Nebraska
Money Transmitter License, 1518126
New Mexico
Money Transmitter License
New York
Limited Liability Trust Company under the New York Banking Law
Nevada
Foreign Independent Trust Company License, FITC00001
North Carolina
Money Transmitter License, 175448
North Dakota
Money Transmitter License, MT103075
Ohio
Money Transmitter License, OHMT139
Oklahoma
Registration to Engage in Trust-Related Activities Sale of Checks License
Oregon
Money Transmitter License, MTX-30188
Puerto Rico
Money Transmitter License, TM-071
Rhode Island
Currency Transmitter, 20203926CT
South Carolina
AG Money Transmitter License
South Dakota
Money Transmitter License, 1518126.MT
Tennessee
Money Transmitter License, 1518126
Texas
DOB Money Transmitter License, 3136
Vermont
Money Transmitter, 100-119
Washington
Money Transmitter (includes Currency Exchange), 550-MT-113429
West Virginia
Money Transmitter License, MT-1518126
Greece
Hellenic Capital Market Commission
Hellenic Capital Market Commission
Ireland
Central Bank of Ireland
Central Bank of Ireland
Italy
Organismo Agenti E Mediatori
United Kingdom
Financial Conduct Authority
Financial Conduct Authority
Our Certifications
SOC 1 Type 2 Exam
SOC 2 Type 2 Exam
We were the first crypto exchange and custodian in the world to obtain our SOC 1 Type 2 and SOC 2 Type 2 certifications. This exam was conducted by Deloitte.
ISO/IEC
27001:2013
Validates that Gemini operates an Information Security Management System (ISMS) that conforms to the requirements of ISO/IEC 27001:2013.
PCI DSS ROC AOC and Attested SAQ
Evidence of our commitment to maintaining compliance with an information security standard that protects cardholder data both when we accept debit cards on our platform and when we issue the Gemini Credit Card.
The Gemini Universe
Gemini Space Station
3 Board members
Gemini Trust Company
7 board members
4 Committees:
Audit / Compliance / Executive / Managers' Examination Committees
Gemini United Kingdom
4 Board members
1 License
1 Registration
Gemini Ireland
4 Board members
1 License
1 Registration
Ask for permission, not for forgiveness
From day one, Gemini has prioritized the security of your assets.
We never have and never will compromise on that.
Cameron Winklevoss
Tyler Winklevoss