A 'next generation bitcoin exchange'
Its related to Bitcoin yet every statement on their web front page is related to trust and centralized problems. The only way forward is a decentralized exchange otherwise counterparty risk will always be a problem.
"Gemini operates fully in the United States. We work exclusively with American banks; your dollars never leave the country." Excellent
"Keeping your money safe is our top priority. We have assembled the nation's top security experts and financial engineers to make sure Gemini stays secure." ummm.. heard of the blockchain.
"We are working with federal and state governments to launch in full compliance with all Bitcoin regulations and consumer protection laws." aaaahh sounds scary