Gemini and Rakkar Announce Strategic Collaboration to Advance Institutional Digital Asset Adoption in Asia
Singapore, 30 July 2024– Gemini, a leading cryptocurrency exchange regulated by the New York State Department of Financial Services (NYDFS), and Rakkar, Asia’s leading digital asset custodian, are pleased to announce their collaboration aimed at advancing digital asset adoption across Asia.
Through this collaboration, Rakkar’s custodial clients will now have access to Gemini’s advanced trading capabilities, offering them enhanced liquidity, competitive pricing, and a seamless trading experience. Together, Gemini and Rakkar aim to provide institutional investors with the confidence and tools to navigate the landscape and advance digital asset adoption in Asia.
“Our alliance with Gemini will not only enhance the security and reliability that financial institutions seek. It will also empower our institutional clients with greater market accessibility and opportunities as they navigate through the evolving realm of digital assets,” said Arthit Sriumporn, CEO and Founder at Rakkar.
"Ensuring a secure and robust crypto ecosystem for our institutional clients has always been a top priority for Gemini", said Saad Ahmed, Head of APAC at Gemini. "Through our collaboration with Rakkar, we continue to expand our efforts in providing secure and reliable opportunities to drive growth and maturation of the crypto industry."
For more information, please visit Rakkar Digital’s official website and Gemini’s official website.
About Rakkar
Rakkar stands as Asia's leading qualified digital asset custodian, offering unparalleled asset security to financial institutions. Fortified by our strategic backing from SCB10X, the venture arm of the Siam Commercial Bank, Rakkar employs industry-leading, bank-caliber security measures, compliance frameworks and operational agility. Founded in 2022 and belting esteemed security excellence certifications such as ISO 27001, SOC 1 Type 1 and SOC 2 Type 1 & 2, Rakkar remains unwavering in its mission to offer the most secure, institutional-grade custodian services across Asia.
About Gemini
Gemini is a global crypto platform founded by Cameron and Tyler Winklevoss in 2014. Gemini offers a wide range of crypto products and services for individuals and institutions in over 70 countries. Gemini's simple, reliable, and secure products are built to unlock the next era of financial, creative, and personal freedom.