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Gemini Trust Center
Transparency builds trust
Total Crypto on Platform
$4,791,723,035
$2,324,018,622 BTC
$1,777,321,802 ETH
$690,382,611 Other
Total Fiat
Fiat assets held for the benefit of our customers as of 12am ET. U.S. dollars are held at FDIC-insured banks.
$554,695,508
$515,690,522 USD
$15,683,441 SGD
$23,321,545 Other
$603,924,465
50% FDIC-Insured Banks
41% Treasury Obligations
9% Money Market Funds
Fiat Net Flows
(24hrs)
-$2,762,199
-$2,856,053 USD
$88,888 SGD
$4,966 Other
Crypto Net Flows
(24hrs)
+$3,724,043
-$2,743,404 BTC
$4,870,094 ETH
$1,597,353 Other
Audited Financial Statements
December, 2021
December, 2020
December, 2019
SOC 1 Type 2 Exams
10.1.2020 - 9.30.2021
10.1.2019 - 9.30.2020
SOC 2 Type 2 Exams
10.1.2020 - 9.30.2021
10.1.2019 - 9.30.2020
1.1.2019 - 9.30.2019
The metrics above are for informational purposes only and are refreshed daily.
Last updated: November 27, 2022 @ 9:13am ET | UTC-05:00
All customer funds held on
Gemini are held 1:1 and available
for withdrawal at any time.
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
United Kingdom
Financial Conduct Authority
Financial Conduct Authority
Ireland
Central Bank of Ireland
Central Bank of Ireland
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.
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.
