Gemini provides custody services for VanEck Solana ETF

The cryptocurrency exchange Gemini will provide custody services for the VanEck Solana Exchange-Traded Fund (VSOL). VSOL is the third SOL spot ETF in the United States and one of the first spot ETFs to offer staking rewards. Gemini has previously provided custody services for the VanEck Bitcoin Trust (HODL) and the VanEck Ethereum ETF (ETHV).

The company stated that it has completed SOC 1 Type 2 and SOC 2 Type 2 audits, certified by Deloitte, with assets fully backed on a 1:1 basis and segregated from other users' assets.