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BTG Pactual’s new Bitcoin fund teams up with Gemini for custody

Gemini is providing custody services to the first Bitcoin fund issued by a Brazilian investment bank. Gemini, the U.S.-based crypto exchange and custodian founded by Tyler and Cameron Winklevoss, has announced it will provide custody services for the forthcoming Bitcoin fund from Brazil’s top investment bank, BTG Pactual. An April 5 announcement indicates Gemini’s subsidiaries Gemini Custody and Gemini Fund Solutions will provide customized services for the fund. The post also notes a philosophical alignment between the two firms. Approved last month, BTG Pactual’s Bitcoin 20 Multi-Market Investment Fund became the first fund launched by a Brazilian investment bank that…

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