Gemini Trust, a cryptocurrency exchange and custodian, has joined BT’s Radianz Cloud to access its secure networked financial cloud communities.
Through a single network connection, members of the Radianz Cloud can now access thousands of applications and services from more than 400 providers.
According to BT, by joining the Radianz Cloud, Gemini now has a global market reach and ability to scale with a commercial structure familiar to large institutions.
Founded in 2014 by Cameron and Tyler Winklevoss, Gemini offers customers the ability to cross-connect directly to its trading infrastructure.
Nick Vigier, CIO at Gemini, said: "No other cryptocurrency exchange in the world offers our calibre of top performance and breadth of connectivity options. Adding Radianz Cloud connectivity to our current low latency offerings in the New York five data centre allows our existing institutional customer base to access our FIX interface. This strengthens our institutional investor connectivity and helps us better scale our offerings in this space.”
Michael Woodman, managing director of BT Radianz, commented: "Global financial institutions have very specific requirements about the performance, resilience and security of the infrastructure over which they trade.”
He added: “They expect stringent service levels and will only do business under trusted commercial frameworks that help them to meet their own contractual and compliance requirements. This can make it difficult for small or new service providers to grow.”
“By joining the Radianz Cloud, Gemini achieves the reach and scale demanded by global institutions and benefits from an established framework for doing business with them.”
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