Coinberry has partnered with the Gemini Trust Company LLC™ for custodial services of digital assets in order to offer institutional-grade crypto storage from the most regulated, compliant and secure custody solution provider in the world.
$200 Million in Custody Insurance
Gemini has $200 million of custody insurance covering digital assets in cold storage – the most insurance coverage offered by any custodian.
Licensed, Regulated, Audited and Compliant Custody
Gemini Trust Company is licensed by the State of New York as a digital asset custodian. Gemini is regularly audited and meets capital reserve requirements in compliance with traditional financial institution standards.
“Offering the strongest cryptocurrency and data security is our highest priority at Coinberry – we are proud to be working with Gemini in order to extend institutional grade protection to our platform members. From processing tax payments made in Bitcoin for the Town of Innisfil, to our recent application for registration with the Ontario Securities Commission, Coinberry remains true to its mission of building out the most secure, trusted and compliant cryptocurrency trading platform in Canada” – Andrei Poliakov
The latest announcement comes on the heels of Coinberry acquiring a financial institutional bond underwritten by Lloyd’s of London to protect its users from acts of internal fraud.
Coinberry is constantly upgrading the user experience, the security of the platform and now the safety of its member’s investments with the highest level of protection and assurances, demonstrating a rigorous commitment to trust, security and transparency.
Coinberry is registered as a digital asset trading platform with FINTRAC, Canada’s financial intelligence unit.