Gemini to provide custody for Brazilian investment bank’s bitcoin fund

Gemini to provide custody for Brazilian investment bank’s bitcoin fund

Bitcoin & cryptocurrency exchange company Gemini, has announced it will serve as custodian and trade execution partner for BTG Pactual’s Bitcoin 20 Multi-Market Investment Fund; the first bitcoin fund launched by a Brazilian investment bank.

Gemini provides cryptocurrency services and infrastructure to a growing number of fund managers and financial institutions across the world through Gemini Custody, Gemini Fund Solutions, and custom integrations with registered investment advisors and FinTech platforms.

“As we continue to expand our institutional fund offerings, we are thrilled to provide BTG Pactual, the largest investment bank in Latin America, with secure and compliant access to bitcoin. The fund will invest 20% of its assets under management in bitcoin and is the first of a variety of cryptocurrency products BTG Pactual plans to release.”
– The Gemini Team

Source:
Gemini

Published at Mon, 05 Apr 2021 23:33:16 +0000

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