Gemini Trust Company LLC, a New York trust firm that, since 2015, has been recognized as both a fiduciary and a competent custodian in accordance with the New York Banking Law. According to Tyler, this will remain the case regardless of which new rule the SEC decides to adopt and put into force.
Gemini Trust asserts that it utilizes technology that is particularly concerned with digital assets due to the fact that crypto custody raises a number of issues that are not present in traditional asset management. While talking about Gemini’s custodial services, Tyler was quoted as saying:
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