Today, we are thrilled to introduce Gemini Clearing™, a fully-electronic clearing and settlement solution for off-exchange or over-the-counter (OTC) crypto trades.

Gemini Clearing™ allows trades that are negotiated off-exchange or OTC to settle between Gemini accounts. Such trades can either be arranged bilaterally between two parties or brokered via a third party. Gemini Clearing™ provides regulated clearing and settlement services for such pre-arranged trades, which helps to ensure timely settlement and mitigate counterparty risk.

Gemini Clearing™ Benefits:

Clearing & Settlement — a trade settles immediately or inside an approved settlement window.

— a trade settles immediately or inside an approved settlement window. Counterparty Risk — no funds are transferred between Gemini accounts until both parties of the trade are fully funded.

— no funds are transferred between Gemini accounts until both parties of the trade are fully funded. Regulatory/Compliance — each party is subject to Gemini’s robust KYC and BSA/AML program.

— each party is subject to Gemini’s robust KYC and BSA/AML program. Privacy — trade details are known only to the parties involved and are not published via Gemini’s market data feed.

— trade details are known only to the parties involved and are not published via Gemini’s market data feed. Non-Circumvention — Gemini does not have an OTC desk.

For customers looking for an additional layer of service and control, Gemini also offers a white glove solution for off-exchange clearing and settlement.

For more information on Gemini Clearing™ and our full suite of premier off-exchange services, please contact sales@gemini.com.

Onward and Upward,

Jeanine Hightower-Sellitto, Managing Director of Operations