NEW YORK CITY—Columbia Property Trust, Inc. has signed a 34,000 square-foot lease with Gemini Trust Company, the digital asset exchange and custodian, founded by twins Cameron and Tyler Winklevoss in 2014. An industry source tells GlobeSt.com that the lease is in the low-90s per square foot.
Gemini is a New York-based company, regulated by the New York State Department of Financial Services, that allows businesses and investors to buy, sell and store digital assets such as bitcoin and ether.
Citing the website Coinmarketcap, on Wednesday, Reuters reported that the aggregate value of cryptocurrencies reached a record high of $184 billion, making their reported market value equivalent to Goldman Sachs and Morgan Stanley combined. Bitcoin hit a record high of $6,500. Reuters calculated its market cap, the number of coins released in circulation multiplied by the coin's value, to be $110 billion.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
