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Winklevoss’s Gemini Gives Access to Funds From Coins in Storage

  • It often takes a day or more to utilize tokens in cold wallets
  • Custody service supports 18 different coins, including Bitcoin
Tyler and Cameron Winklevoss.
Tyler and Cameron Winklevoss.Photographer: David Paul Morris/

The Winklevoss brothers say they have a solution for one of the dilemmas faced by cryptocurrency investors: Keeping digital coins protected against theft versus maintaining quick access for trading.

Gemini Trust Co., the custodial arm of the twins’ crypto exchange, said it will allow users to instantly access funds equal to the amount of coins kept off-line, or cold storage. The service is part of an effort by Gemini -- run by Tyler and Cameron Winklevoss of Facebook fame -- to gain a leg up in attracting institutional customers.