This is More of a Re-launch: A Conversation with Jeanine Hightower-Sellitto About Gemini’s Custody Solution

New York-based cryptocurrency exchange Gemini launched a custody solution aimed at institutional investors yesterday. Jeanine Hightower-Sellitto, Managing Director of Operations at Gemini, says the launch is more of a re-launch of their previous custody solution and an extension of their product and feature set. In this edited interview, she discusses the solution and how it works. Can you talk about what an institutional grade solution … Continue reading This is More of a Re-launch: A Conversation with Jeanine Hightower-Sellitto About Gemini’s Custody Solution

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

Coinbase’s Entry Into Cryptocurrency Custody Could Be A Game Changer

Philosophical arguments about the nature of money apart, one of the biggest stumbling blocks to adoption of bitcoin as an investment vehicle is the absence of a cryptocurrency custody solution. Institutional investors have largely stayed away from the cryptocurrency as an increasing number of hacks and scandals at crypto exchanges, which are responsible for a bulk of bitcoin trading, have roiled its ecosystem. At a … Continue reading Coinbase’s Entry Into Cryptocurrency Custody Could Be A Game Changer