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May 28, 2020

Cryptocurrency exchange Gemini has signed a partnership with Samsung to power the Samsung Blockchain Wallet.

According to an official announcement, the partnership will allow Samsung Blockchain Wallet users to buy, sell and trade cryptocurrencies via the Gemini exchange.

gemini.com

The exchange founded by the Winklevoss twins has become the first US-based cryptocurrency exchange and custodian to partner with Samsung Blockchain.

"Crypto is not just a technology, it is a movement. We are proud to be working with Samsung Blockchain to bring crypto’s promise of greater choice, independence, and opportunity to more individuals around the world," wrote in the announcement Gemini Co-Founder & CEO Tyler Winklevoss.

The Samsung Blockchain Wallet is a crypto-oriented wallet that allows users to store crypto directly on Samsung Galaxy phone with the help of the Samsung Blockchain support.

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Previously iHodl reported that Gemini in cooperation with the Bitwage payroll service opened the possibility of generating pension savings under the 401 (k) model with a certain percentage in bitcoin (EXANTE: Bitcoin).

In 2019, Samsung announced partnership with crypto startup Pundi X that focused on integrating Pundi X's digital asset wallet into Galaxy S10 devices.

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