Gemini Trust Company LLC

New York, New York

Classification

Private

About

About

Gemini Trust Company LLC is a prominent cryptocurrency exchange and custodian, providing individuals and institutions with a secure and regulated platform to buy, sell, store, and trade various cryptocurrencies. As a trusted and regulated digital asset exchange, Gemini aims to foster a safe and transparent environment for cryptocurrency transactions. Product/Service Line Breakdown: a. Cryptocurrency Trading: Gemini offers a user-friendly and robust trading platform that allows customers to buy and sell a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and others. The platform provides real-time market data, advanced trading tools, and order execution services, enabling users to participate in the cryptocurrency markets with ease and efficiency. b. Custody Services: Gemini serves as a custodian for digital assets, providing secure storage solutions for cryptocurrencies. The company employs robust security measures, including cold storage systems and multi-signature wallets, to protect customers' funds. By offering custody services, Gemini enables individuals and institutions to securely store and manage their digital assets. c. Exchange Services: Gemini operates a regulated cryptocurrency exchange, facilitating the trading of cryptocurrencies against fiat currencies, such as the US dollar and Euro. The exchange adheres to strict regulatory guidelines and implements Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures to ensure compliance and maintain a trusted marketplace for cryptocurrency trading. d. Institutional Services: Gemini caters to institutional clients by providing specialized services tailored to their unique needs. These services include account management, liquidity solutions, over-the-counter (OTC) trading, and application programming interfaces (APIs) for seamless integration with institutional trading systems. e. Gemini Dollar (GUSD): Gemini offers its native stablecoin called Gemini Dollar (GUSD). GUSD is a cryptocurrency pegged to the US dollar, providing stability and ease of use for transactions within the crypto ecosystem. GUSD can be used for payments and remittances and as a medium of exchange within the Gemini platform and other supported platforms. f. Gemini Mobile App: Gemini provides a mobile application that allows users to access their accounts, monitor cryptocurrency prices, and execute trades on the go. The mobile app provides a convenient and secure way for customers to manage their cryptocurrency holdings and stay informed about market developments. Gemini Trust Company LLC operates at the forefront of the cryptocurrency industry, providing individuals and institutions with a trusted platform to engage in secure and compliant cryptocurrency trading and custody services. With its range of products and services, Gemini aims to facilitate the adoption and mainstream acceptance of cryptocurrencies, while prioritizing transparency, regulatory compliance, and customer security.

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

Keywords

Keywords

Classified

Private