Gemini, the cryptocurrency exchange founded by Winklevoss brothers, has lately partnered with the infotech and financial services arm of British Telecom. This deal will allegedly open the doors to lots of brokers, exchanges, and fintech institutions.
The British multinational telecommunications company declared, from a press release, that New York-based leading crypto exchange and custodian Gemini Trust LLC has joined the BT Radianz Cloud. Now, the BT Cloud Broker Community will endeavour its hands in Crypto domain. British Telecom, great britain’s largest telecoms provider has operations in a hundred and eighty countries worldwide. Furthermore, it serves multinational organizations all over the world with the cloud, security, as well as networking services via Radianz.
A per the release, the move brings Gemini access to among the many world’s largest, secure networked financial cloud communities with members across fifty countries. Notably, it carries on to state that the network is made up of thousands of exchanges, brokers, institutions, and clearing and settlement houses. Interestingly, the aforementioned partnership will give community members accessibility to growing cryptocurrency market.
It shall be noted of the fact that aforementioned collaboration will grant BT Radianz members the means to access Gemini’s trading and investment platform by means of a secure and professional environment, which is top priority for institutions. Much like the BT Radianz website it’s already made strategic partnerships exceeding a few industry giants including Cisco, Microsoft, Dell, Symantec, Oracle, and Amazon Web Services.
Nick Vigier, Chief information officer at Gemini, praised the move stating that this strengthens their institutional investor connectivity and will help them better scale their offerings through this domain.
It is to be noted the fact that potential for new institutional clients through this collaboration is enormous. Notably, British Telecom has decades of experience in the technology and communications sectors and Gemini will probably be bringing their cryptocurrency knowhow for the table.
