Gemini Crypto exchange and the custodian has launched a new dedicated service called Gemini Fund Solutions. That will provide fund managers with custody, clearing, trade execution, and additional capital markets services. Tailored to Bitcoin exchange-traded funds (ETFs), closed-end funds, and other fund vehicles.
”There are a multitude of crypto funds coming to the global markets by a variety of methods. Massively expanding the number of institutions bringing crypto products to their investors”. Said Dave Abner, the global head of business.
“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 to 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.”
The platform is custom-built for institutions, giving fund managers the ability to offer crypto products to their clients. While managing all of the underlying infrastructure in one place.
The exchange’s new service will support fund issuers every step of the way throughout onboarding and implementation. Technical support, as well as ongoing operational expertise, will be provided to help ensure Gemini Fund Solutions is integrated into their systems and workflow.
Gemini Exchange To Act As Centralized Crypto Hub
Gemini Exchange will also continue to provide education around the crypto marketplace to institutions considering investment. Acting as a centralized hub for crypto liquidity providers.
Canadian bitcoin ETF providers, Purpose Investments and Evolve Funds Group, are among the existing Gemini Fund Solutions clients. Their Bitcoin ETFs launched recently, collectively managing over $500 million worth of assets.
Other Gemini Fund Solutions clients include Canadian crypto fund managers 3iQ, CI Global Asset Management, Galaxy, and Ninepoint Partners. Who cumulatively manage around $2 billion in Bitcoin and Ether.
Gemini Fund Solutions is backed by the industry’s highest financial and security compliance standards. Gemini is the only exchange and custodian service to have completed SOC 1 Type 2 & SOC 2 Type 2 examinations.
Matt Borelli is a staff writer at CoinChapter, covering the daily developments in the cryptocurrency world. He is a Bitcoin enthusiast and proud Dogecoin holder. When not reporting on the latest cryptocurrency news, Matt can be found at the nearest baseball stadium.
European Central Bank board member believes Bitcoin creator Satoshi Nakamoto did not understand money, warns of dangers from cryptocurrencies
Our Partners
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.