Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, announced on Thursday the launch of its new global offering, Gemini Fund Solutions. According to Gemini, the Gemini Fund Solutions provide fund managers with custody, clearing, trade execution, and other capital markets services that are tailored to ETFs, closed-end funds, and other fund vehicles.
Gemini further revealed that Gemini Fund Solutions will support fund issuers every step of the way throughout onboarding and implementation and provide technical support and ongoing operational expertise to help ensure that Gemini Fund Solutions is seamlessly integrated into their systems and workflow. While sharing more details about the solutions, Dave Abner, Global Head of Business at Gemini, stated:
“Gemini is in a unique position to leverage its knowledge across the funds and the crypto space, to usher investors directly onto the Gemini Exchange, or drive the underlying infrastructure asset managers need to bring even the most complex products to market. Offering them an all-in-one solution is a way to help issuers to support this rapidly-growing trend.”
Gemini then noted it will also continue to provide education around the crypto marketplace to institutions considering investment, while also acting as a centralized hub for crypto liquidity providers, helping to grow the overall ecosystem. The company added:
“Gemini Fund Solutions is backed by the industry’s highest financial and security compliance standards. Gemini is the only exchange and custodian in the world to have completed SOC 1 Type 2 & SOC 2 Type 2 examinations, which were certified by Deloitte, a fundamental requirement for safely managing products for investors.”
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.”