Gemini exchange adds GNT, LINK, NMR, OXT, and STORJ to Gemini Custody

Today, Gemini Custody announced to adds 5 cryptocurrencies to store, including Chainlink (LINK), Golem (GNT), Numeraire (NMR), Orchid (OXT), and Storj (STORJ).

In September 2019, Gemini exchange introduced Gemini Custody, a platform which would enable clients to trade assets instantly by offering them credits.

According to the release, customers can set up white lists, ensuring their crypto holdings can only be withdrawn to certain addresses; grant auditors access to confirm balances and activity; and set up different sub-accounts with different levels of permission as needed.

In a statement, Gemini managing director of operations Jeanine Hightower-Sellitto said Gemini Custody is a “crypto-native solution” which provides both security and liquidity for clients.

She continued:

“Institutional investors have demonstrated a clear and growing demand for crypto, but they’ve struggled to find a solution that fully meets their complex regulatory and security requirements.”

As part of its security efforts, Gemini Custody allows for multi-signature offline storage, the release said.

Security has been a pillar of Gemini since inception and protecting your crypto is a cornerstone of our mission to build the future of money; trust is our product. We are beyond thrilled to continue our security-first tradition by providing you with Gemini Custody™, an expanded offering of our state-of-the-art custody solution. 

Gemini Custody™ supported 18 cryptos for custody: Bitcoin, Bitcoin Cash, Ether, Litecoin, Zcash, and the following ERC-20 tokens: 0x (ZRX), Basic Attention (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). Now they add more 5 cryptos.

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