NEW YORK--(BUSINESS WIRE)--Gemini Trust Company, LLC (Gemini), a New York trust company that is a licensed digital asset exchange and custodian, announced today that Sydney Schaub has joined as General Counsel. Ms. Schaub will focus on tackling new jurisdiction expansion, new product initiatives and building Gemini's in-house legal team. Ms. Schaub will begin with Gemini next month, reporting directly to the President, Cameron Winklevoss.
Ms. Schaub most recently served as General Counsel for Rent the Runway, Inc. (RTR). Prior to RTR, Ms. Schaub spent more than five years as Associate General Counsel at Square, Inc., where she led the legal team that managed Square’s initial public offering, advised on new jurisdiction expansion and oversaw mergers and acquisitions. She acted as Co-General Counsel following Square’s initial public offering.
“Sydney brings tremendous experience working with industry-disrupting, high-growth start-ups to her role as General Counsel for Gemini,” said Tyler Winklevoss, Chief Executive Officer of Gemini. “Sydney’s reputation as a trusted advisor to business, product and engineering teams precedes her, and that, along with her proven ability of successfully navigating complex deals and strategic partnerships, will prove invaluable to Gemini as our organization continues to expand.”
Ms. Schaub joins at a time of incredible growth for Gemini, which recently received approval for the Gemini Dollar, the world’s first licensed and regulated stablecoin. Gemini also recently became the first licensed exchange in the world to offer ZCash upon obtaining approval from the New York State Department of Financial Services (NYDFS). In addition to Ms. Schaub, Gemini recently hired CTO Rob Cornish of NYSE who assumes oversight of the entire technology team and recent deployment of Nasdaq’s SMARTS Market Surveillance technology, enabling Gemini to monitor across all of its order books as well as Gemini Auctions™, which are used to determine the settlement price for the Bitcoin (USD) Futures Contracts that trade on Cboe Futures Exchange, LLC under the ticker symbol “XBT” (contract specifications | fact sheet)
About Gemini
Gemini Trust Company, LLC (Gemini) is a digital asset exchange and custodian that allows customers to buy, sell, and store digital assets such as bitcoin, ether and Zcash. Gemini is a New York trust company that is subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the NYDFS. Gemini was founded in 2014, by brothers Cameron and Tyler Winklevoss, to build a bridge to the future of money. Gemini, in partnership with the Cboe Futures Exchange, LLC, launched the first-ever bitcoin futures contract in December of 2017. Gemini is also the world’s first licensed exchange in the world to offer trading and custody services for ether and Zcash. For more information, visit Gemini.com.
