Log in

Save 23% ($351) & Get a Free 1-1 Call with our Team ⏰ : 0d 2h 59m 43s

Home
Research
Analysis
Community
  1. Cryptonary
  2. Archived Posts
  3. Gemini exchange purchases crypto custody firm Shard X
News

Gemini exchange purchases crypto custody firm Shard X

Updated: Jul 25, 2024
Published: Jun 9, 2021
0
Share:

Cryptocurrency exchange Gemini has purchased crypto custody firm Shard X in a bid to strengthen its position in the market.

Post Feature Image

Gemini acquires Shard X

US-based crypto exchange Gemini has completed the acquisition of a custody tech developer, Shard X, for an undisclosed fee. The acquisition is expected to expand Gemini’s market presence in the cryptocurrency custody space.

Shard X claims to be the first crypto firm to offer multi-party computation (MPC) on hardware security modules (HSMs). Although Gemini did not disclose the terms of the deal, Shard X would become part of the company’s UK affiliate. Shard X will work with the Gemini security department. They are expected to work on adding role-based governance protocols, biometric access controls and physical security to the crypto exchange and its products.

Shard X is also expected to work on expanding Gemini’s presence in the decentralised finance space. Gemini Chief Operating Officer Noah Perlman said adding Shard X’s MPC technology into Gemini’s custody would allow them to meet the demand for fast withdrawals, interact with DeFi staking and transfer digital assets faster and more efficiently. “MPC technology provides a safe and uniform approach for achieving this speed across multiple cryptocurrencies,” he added.

M&As are becoming popular in the crypto space

Mergers and acquisitions are becoming popular in the cryptocurrency space. The market has seen numerous M&As over the past few months. Last month, Galaxy Digital acquired BitGo in a deal worth $1.2 billion. Coinbase is also reportedly in talks to acquire Osprey Funds.

The M&As make it easier for the big companies to expand their services.

Continue reading by joining Cryptonary Pro

Save 23%

$1,548 $1,197/year

Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.

VisaCardImageMsCardImageCoinbaseCardImageSolanaCardImage

For your security, all orders are processed on a secured server.

As a Cryptonary Pro subscriber, you also get:

  • 3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund. Terms

  • 24/7 access to experts with 50+ years’ experience

  • All of our top token picks for 2025

  • On hand technical analysis on any token of your choice

  • Weekly livestreams & ask us anything with the team

  • Daily insights on Macro, Mechanics, and On-chain

  • Curated list of top upcoming airdrops (free money)

3X Value Guarantee

If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.

Terms & Conditions apply

Star

Trusted by 300,000+ investors

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.

Our track record speaks for itself

With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.

  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
  • Token
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp
/images/advertorial/corpcomm1.webp
/images/advertorial/corpcomm2.webp
/images/advertorial/corpcomm3.webp
/images/advertorial/corpcomm4.webp
/images/advertorial/corpcomm5.webp
/images/advertorial/corpcomm6.webp

Frequently Asked Questions

Can I trust Cryptonary's calls?

Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.

Do I need to be an experienced trader or investor to benefit?

No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.

What makes Cryptonary different from free crypto content on YouTube or Twitter?

Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.

Why is there no trial or refund policy?

We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.

Do I get direct access to the Cryptonary team?

Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.

How often is content updated?

Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.

How does the 3X Value Guarantee work?

We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.

Terms
Recommended from Cryptonary
Market Update: Middle East Conflict Escalates
PRO
Market Updates
Market Update: Middle East Conflict...Since our last update, geopolitical tensions in the Middle East have intensified, pushing oil higher...
7 min read
Mar 12, 2026
Korea’s Market Crash: Is a Global Financial Contagion Starting?
Research Report
Korea’s Market Crash: Is a Global F...The first cracks in global markets are starting to appear. South Korea has already suffered the wors...
19 min read
Mar 11, 2026
Market Pulse: Inflation Holds Steady, Risk Assets Stay Cautious Amid Oil Shock
PRO
Market Pulse
Market Pulse: Inflation Holds Stead...Inflation lands perfectly in line with forecasts, but markets look through February data as rising o...
4 min read
Mar 11, 2026
BTC, ETH and More: Bitcoin Breakout Fades
PRO
Market Direction
BTC, ETH and More: Bitcoin Breakout...The breakout phase is done. Now the market has to prove it. Bitcoin, Ethereum, and Solana have all d...
13 min read
Mar 17, 2026
Market Update: Bitcoin Surges on ETF Inflows
PRO
Market Updates
Market Update: Bitcoin Surges on ET...Oil remains above $100 as tensions in the Middle East persist, the Federal Reserve meets on Wednesda...
9 min read
Mar 16, 2026
BTC, ETH and More: Majors Pivot to Neutral-Bullish
PRO
Market Direction
BTC, ETH and More: Majors Pivot to ...Price action has started to improve after several weeks of indecision. A few important structural ch...
12 min read
Mar 13, 2026
Market Update: Middle East Conflict Escalates
PRO
Market Updates
Market Update: Middle East Conflict...Since our last update, geopolitical tensions in the Middle East have intensified, pushing oil higher...
7 min read
Mar 12, 2026
Korea’s Market Crash: Is a Global Financial Contagion Starting?
Research Report
Korea’s Market Crash: Is a Global F...The first cracks in global markets are starting to appear. South Korea has already suffered the wors...
19 min read
Mar 11, 2026
Market Pulse: Inflation Holds Steady, Risk Assets Stay Cautious Amid Oil Shock
PRO
Market Pulse
Market Pulse: Inflation Holds Stead...Inflation lands perfectly in line with forecasts, but markets look through February data as rising o...
4 min read
Mar 11, 2026
BTC, ETH and More: Bitcoin Breakout Fades
PRO
Market Direction
BTC, ETH and More: Bitcoin Breakout...The breakout phase is done. Now the market has to prove it. Bitcoin, Ethereum, and Solana have all d...
13 min read
Mar 17, 2026
Market Update: Bitcoin Surges on ETF Inflows
PRO
Market Updates
Market Update: Bitcoin Surges on ET...Oil remains above $100 as tensions in the Middle East persist, the Federal Reserve meets on Wednesda...
9 min read
Mar 16, 2026
BTC, ETH and More: Majors Pivot to Neutral-Bullish
PRO
Market Direction
BTC, ETH and More: Majors Pivot to ...Price action has started to improve after several weeks of indecision. A few important structural ch...
12 min read
Mar 13, 2026
Market Update: Middle East Conflict Escalates
PRO
Market Updates
Market Update: Middle East Conflict...Since our last update, geopolitical tensions in the Middle East have intensified, pushing oil higher...
7 min read
Mar 12, 2026
Korea’s Market Crash: Is a Global Financial Contagion Starting?
Research Report
Korea’s Market Crash: Is a Global F...The first cracks in global markets are starting to appear. South Korea has already suffered the wors...
19 min read
Mar 11, 2026
Market Pulse: Inflation Holds Steady, Risk Assets Stay Cautious Amid Oil Shock
PRO
Market Pulse
Market Pulse: Inflation Holds Stead...Inflation lands perfectly in line with forecasts, but markets look through February data as rising o...
4 min read
Mar 11, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsMemecoins
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for usTeam
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×
popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift
​
Netherlands

No spam. No hype. Just the research.