Today, the cryptocurrency exchange Gemini revealed that it has launched an institutional-grade crypto custody service called Gemini Custody.
In a Medium article posted on Sept. 10, Gemini’s new custody solution will enable customers to store crypto offline, check balances, whitelist withdrawal addresses, download account statements, and supply auditors with access balances, transactions, and activity.
Assets held in custody can also be traded on the Gemini exchange without having to transfer the assets from the offline wallet as they will be using the credits supplied by the exchange.
Gemini Custody will be available for 18 cryptocurrencies including: Bitcoin, Bitcoin Cash, Ether, Litecoin, Zcash, and the following ERC-20 tokens: 0x (ZRX), Augur (REP), Basic Attention Token (BAT), Bread (BRD), Dai (DAI), Decentraland (MANA), Enjin (ENJ), Flexacoin (FXC), Gemini dollar (GUSD), Kyber Network (KNC), Loom Network (LOOM), Maker (MKR), and OmiseGo (OMG). The post also stated that they will be expanding their list with new coins in the…