Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, announced on Wednesday its launch in the UK. The platform reported that it is now offering its services in pound sterling (GBP) and its UK launch comes just after the Financial Conduct Authority (FCA) granted its Electronic Money Institution (EMI) license.
Founded in 2014, Gemini describes itself as a next-generation cryptocurrency and custodian that allows customers to buy, sell, and store digital assets such as bitcoin and ether.
“Gemini is building a bridge to the future of money. We offer an industry-leading suite of crypto-native products and tools for individuals and institutions; enabling them to grow, manage, and use cryptocurrency holdings with world-class security, compliance, and customer experience.”
Gemini further revealed it is now live with new features, additional local support, and faster ways for crypto investors to fund their accounts. Tyler Winklevoss, Gemini CEO, spoke about the launch by stating:
“Going live with our full services available in GBP in the UK is another exciting step forward in Gemini’s international expansion, advancing our mission to empower individuals and organizations around the world through crypto.”
Gemini went on to add that it is also now offers its secure platform to UK institutional investors in their local currency, enabling them to access crypto trading, market data, and custody services on behalf of their clients.