BT has announced that cryptocurrency exchange and custodian Gemini Trust, a New York-based trust company, has joined the BT Radianz Cloud.

The move provides Gemini with access to one of the world’s largest, secure networked financial cloud communities — comprising thousands of brokers, institutions, exchanges and clearing and settlement houses — while providing community members access to the growing cryptocurrency market.

Founded in 2014 by Cameron and Tyler Winklevoss, Gemini offers customers the ability to cross connect directly to its trading infrastructure — matching the sophistication of major global equities and derivatives exchanges. By joining the Radianz Cloud, Gemini taps its global market reach and ability to scale with a commercial structure familiar to large institutions. Institutions that are already members of the Radianz Cloud community can benefit from the performance and reassurance of Radianz connectivity when accessing Gemini’s platform.

“This strengthens our institutional investor connectivity and helps us better scale our offerings in this space,” said Nick Vigier, chief information officer at Gemini.

“Global financial institutions have very specific requirements about the performance, resilience and security of the infrastructure over which they trade,” said Michael Woodman, managing director of BT Radianz.

“They expect stringent service levels and will only do business under trusted commercial frameworks that help them to meet their own contractual and compliance requirements. This can make it difficult for small or new service providers to grow. By joining the Radianz Cloud, Gemini achieves the reach and scale demanded by global institutions and benefits from an established framework for doing business with them.”