Unifimoney Inc. announced a partnership with Gemini Trust Company that will enable credit unions and community banks to trade over 80 cryptocurrencies. The offering is provided through Unifimoney’s turnkey crypto and digital asset management platform, with Gemini providing custody and exchange. Oklahoma-based First Fidelity Bank was the first customer to use the service.

This partnership is designed to help more people access wealth management services through their local community financial institutions and integrate digital assets into their long-term wealth management journey. their.

Unifimoney offers automated advice and commission-free trading on thousands of stocks and ETFs, precious metals, and over 80 cryptocurrencies.

There are 4,973 credit unions with less than $10 billion in assets representing more than 100 million members, and 4,612 community banks with over 180 million customers.

“Digital wealth management represents an approximately $20bn annual non-interest revenue opportunity for community financial institutions,”

“These institutions need to compete with big brand banks and fintech investing apps while driving new member acquisition and member engagement. Credit Unions have a critical role to play in extending access to responsible self-directed innovation and helping more people to protect and grow their wealth over the long term.”

                                                                 Ben Soppitt, Co-Founder and CEO of Unifimoney.

“Credit unions and community banks are critical to our financial ecosystem and turnkey digital wealth management tools like Unifimoney allow them to evolve alongside their customers. We’re thrilled to be working with Unifimoney to bring cryptocurrency to more credit union and community bank customers.”

                                    Kristen Mirabella, Director of Business Development at Gemini.