Gemini offers exposure to $1.3t via Envestnet integration

Gemini, a leading crypto exchange, now provides crypto custody accounts with direct custody feeds to over 3,000 Registered Investment Advisers (RIAs) collectively managing over $1.3 trillion in assets and Coin Journal press release.

This became possible after the integration with Envestnet. Tamarac platform for RIA.

View your portfolio, billing data, and more

Advisors using Tamarac can seamlessly enroll and access the exchange’s BITRIA wealth management capabilities.

This integration allows advisors and their clients to view billing data, performance data, and crypto portfolios alongside traditional assets in the Tamarac dashboard. Envestnet’s Dani Fava commented:

It is imperative to use tools that provide transparency for crypto assets. This enables advisors to provide truly comprehensive advice. The Gemini and Tamarac integration provides a comprehensive view of customer portfolios regardless of asset category. We are pleased to add Gemini’s unique solution to the offerings Envestnet’s financial wellness ecosystem offers to advisors.

Dan Eyre, Head of Gemini BITRIA, added:

Your ability to unlock advisor access will determine whether you achieve your goal of unlocking the next phase of financial freedom with crypto. Our partnership with Envestnet is a huge leap forward in accomplishing this mission, with trillions of dollars in US advisory accounts.

BITRIA: A Fully Integrated Digital Asset Solution

Gemini acquired BITRIA in January of this year, giving advisors access to the wider crypto industry and ecosystem. BITRIA is used by wealth managers as a fully integrated digital asset solution that combines reporting, custody, trading, liquidity, settlement, rebalancing, portfolio construction and management.

Gemini is licensed by the State of New York as a manager of digital assets and is a trustee under the New York Banking Act. It is also the first digital asset exchange with SOC 1 Type II and SOC 2 Type II certification.

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