Home Finance News Cryptocurrency Fund Managers Love the Suite of Services from Gemini Fund Solutions

Cryptocurrency Fund Managers Love the Suite of Services from Gemini Fund Solutions

Gemini Fund Solutions

Tyler Winklevoss, tweeted about Introducing Gemini Fund Solutions, which consists of a suite of services for fund managers. He pointed to how they already support 2 Bitcoin ETF funds which hold $500 mil combined and also about the multiple public and private Bitcoin and ether funds which hold approximately $2 billion combined.

By what Gemini Fund Solutions are doing, the cryptocurrency space is opening up for the regular Joe to get in to crypto so easy and safely. Buying bitcoin and crypto instantly and easier than ever before!

Gemini recently stated, As Gemini continues to grow, we remain committed to Diversity, Equity, and Inclusion. During Black History Month, we engaged in meaningful discussions as a company, with presentations, talks, and community service action to celebrate black history.

For clarity, Gemini Fund Solutions, is the first unified platform providing fund managers with custody, clearing, trade execution, and other capital markets services designed for crypto ETFs, CEFs, and other fund vehicles.

Explaining their purpose:  The process to come up with a crypto fund has been fragmented and disjointed to date.  Also, the regulated and secure platform has been custom-built for institutions that are seeking a swift go-to-market blueprint which will permit fund managers to seamlessly provide crypto products to their clients while at the same time managing all the underlying infrastructure in a single place.

Gemini Fund Solutions are focused on supporting fund issuers every step of the way throughout the process of onboarding, executing, and facilitating technical support with ongoing operational expertise to ultimately help ensure that Gemini Fund Solutions are integrated into their systems and workflow.

Two bitcoin ETFs which are sponsored by Purpose Investments and Evolve Funds Group that are currently trading on the Toronto Stock Exchange (TSX) with more than $500 million in combined funds is now under the supportive custody of Gemini.

Apart from these, they are also helping several other public and private bitcoin and ether funds which includes crypto funds managed by 3iQ, CI Global Asset Management, Galaxy, andNinepoint Partners, which are now trading on the TSX and currently having approximately $2 billion in combined funds.

Gemini Fund Solutions are keeping up with the industry’s highest financial and security compliance standards. Reportedly, they are the only exchange and custodian in the world to have completed both SOC 1 Type 2 and SOC 2 Type 2 examinations, certified by Deloitte.  This is a fundamental requirement for safely managing financial products for investors.

The wave of investor interest is progressively increasing in favor of the cryptocurrency industry.  Fund managers are looking to tap in to this trend and Gemini Fund Solutions are making access to the world of cryptocurrency through traditional investment vehicles.

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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