Winklevoss' Gemini Launches Custody Service
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Sept. 10, 2019

Gemini, a New York-based cryptocurrency exchange founded in 2014 by the Winklevoss brothers, has just launched Gemini Custody, its own custody service.

According to the platform's press release which has been shared with Ihodl, this new service will allow its customers to check balances, download account statements, initiate withdrawals and grant auditors read-only access to confirm balances, transactions and activities.

In addition, users will be able to trade their assets in custody directly without the need to transfer them from cold wallets.

The platform is currently compatible with 18 digital assets, including bitcoin, Bitcoin Cash, Ethereum and litecoin.

In July it was known that Gemini had applied for a broker-dealer license to the Financial Industry Regulatory Authority (FINRA).

Last month Ihodl reported that Gemini had started to offer its services in Australia.

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