Direct Ownership

A blockchain is a shared decentralized digital ledger of recorded data. This register is the transaction history for every unit of the cryptocurrency, which shows how ownership has changed over time. Blockchain technology facilitates the recording of transactions in ‘blocks’, with new blocks added at the front of the chain.

Given that Gemini is a centralized Crypto Currency exchange, the trading takes place using Gemini’s software infrastructure, and not on a blockchain. Although, a client does have the ability to withdraw their crypto assets from their account in Gemini’s custody and move them to a private wallet. At which point those crypto assets can be sent or exchanged with others on the blockchain to which the asset is native, or on another centralized or decentralized exchange, if the client so desires.

Sovereign Digital will never have access to any cryptocurrency wallet. Gemini, a centralized, fully regulated custodian will be the only entity, and institution to have access to the crypto assets managed by Sovereign Digital in the interest of our clients.