Gemini, a cryptocurrecy startup owned by tech moguls Cameron and Tyler Winklevoss, has unveiled a cryptocurrency storage service called Gemini Custody. With this service, users can trade instantly from cold storage crypto assets stored offline, according to a press relase.
Gemini Custody will allow users to store 18 different types of cryptocurrencies including Bitcoin, Bitcoin Cash, Litecoin, Zcash, Ether and others, according to the release.
The overall goal of the service is to both help keep user’s crypto assets secure and to attract new customers. Gemini Custody also offers other tools such as view-only access for auditors and third parties.
“The maturation of crypto as an asset class depends heavily on the safety and soundness of the custodians that hold individual and institutional funds,” Tyler Winklevoss, CEO of Gemini, said in the release. “From day one, Gemini recognized the need for a world-class custody solution that is secure, compliant, and easy to use for individuals and institutions around the world. We are thrilled to continue our security-first tradition by providing our customers with Gemini Custody, an expanded offering of our state-of-the-art custody solution.”