Tyler Winklevoss

State Street Corporation (NYSE:STT), announced a new digital asset pilot in collaboration with Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian. The pilot builds on ongoing research and development in the digital asset space to combine Gemini Custody™ with State Street’s back office reporting.

Gemini Trust Company, LLC (Gemini), a cryptocurrency exchange and custodian, announced that a parent company acquired Nifty Gateway™, a popular platform for non-fungible tokens (NFTs, also known as “nifties”) that power the emerging economy of digital collectibles and virtual goods. With this acquisition, Nifty Gateway will now be powered by Gemini’s secure, institutional-grade infrastructure. The move marks the first acquisition by a member of the Gemini group and extends the reach of cryptocurrency into new use cases.