Gemini Launches Custody Solution For Institutional Investors

The battle for custody of cryptoassets from institutional investors is heating up. Cryptocurrency exchange Gemini is the latest company to test the waters with the launch of Gemini Custody, a qualified custodian of cryptoassets in New York. The solution is aimed at institutional investors and enables them to trade crypto instantly in a secure manner using multi-sig authentication. “Institutional investors have demonstrated a clear and … Continue reading Gemini Launches Custody Solution For Institutional Investors

Coinbase’s Plan To Secure Customer Bitcoin

Bitcoin custody has become a major stumbling block in the cryptocurrency’s evolution from a renegade asset to a legitimate investment vehicle. In its January letter outlining concerns for a bitcoin ETF approval, the SEC mentioned custody as a problem area. Per a 1940s act, funds are required to maintain commodities with a custodian approved by the agency. While there are companies that offer custodian services … Continue reading Coinbase’s Plan To Secure Customer Bitcoin