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Gemini

Gemini Trust Company, LLC is a New York trust company supervised by the New York State Department of Financial Services. Gemini issues Gemini Dollar, a U.S. dollar stablecoin approved by NYDFS in 2018.

CEOTyler Winklevoss
StagePrivate
FoundersTyler Winklevoss, Cameron Winklevoss
Websitewww.gemini.com ↗

Products

GUSD active $150M
Gemini Dollar
Fiat Backed

GUSD is Gemini's U.S. dollar stablecoin issued by Gemini Trust Company, LLC. Gemini states that each GUSD is fully backed by cash or cash-equivalent reserves and redeemable for U.S. dollars by Gemini customers.

Overview

Gemini Trust Company, LLC is a New York trust company supervised by the New York State Department of Financial Services. Gemini issues Gemini Dollar, a U.S. dollar stablecoin approved by NYDFS in 2018.

Products

Stablecoins issued by this entity: GUSD.

Regulatory Status

New York, United States
Limited purpose trust company charter
GENIUS Act ↗
chartered and supervised2015
New York, United States
Approval to offer USD-pegged stablecoin
GENIUS Act ↗
approved2018

Funding

RoundAmountYear
Growth equity$400M2021