Brokering Trust

Gemini set out to be most secure, compliant digital asset exchange possible. “We wanted to be the platform that had both the licensing and regulatory oversight to give people confidence about digital money," said Michael Breu, "without fear that we would be hacked and lose their funds. We saw a void in the marketplace for a safe, secure and trustworthy bitcoin exchange, so we built one.”

Breu recalled that in 2013, when Gemini was conceived, “soon after we received regulatory approval, we launched Gemini with a security-first mentality. We took our time building a team, building our technology, and building security architecture and compliance program from the ground up, with a diligent and thoughtful approach. We waited until we received regulatory approval from the New York Department of Financial Services to begin operating and accepting customers in October of 2015.”

Gemini has a higher level of compliance and regulatory oversight than other exchanges, many of which are licensed only as money transmitters. “We want our customers to have confidence in the security of our funds,” said Breu. “Unlike many other exchanges, we have regulatory approval and are currently one of the three largest regulated exchanges in the U.S.”