Sydney Schaub. Photo: Jason Doiy /ALM

A cryptocurrency company founded by the Winklevoss twins announced on Thursday that a seasoned in-house lawyer who helped lead Square through its IPO in 2015 will become general counsel beginning in October.

Gemini Trust Co. named Sydney Schaub, most recently GC of online clothing rental service Rent the Runway, as its new legal leader. Her role will include focusing on new jurisdiction expansion, new product initiatives and building the in-house legal team. She will report directly to Cameron Winklevoss, the president of the company.

The company's legal function was formerly led by David Brill, who served as general counsel in 2016 and left the same year, according to his LinkedIn profile. The company has been without a GC for two years.

“I am thrilled to be joining the team at Gemini to help build the future of money and contribute to Gemini's industry-leading efforts to make digital assets broadly accessible in safe and secure way,” Schaub said.

The New York-based company's CEO, Tyler Winklevoss, said in a statement that Schaub brings a wealth of experience with her to the job.

“Sydney brings tremendous experience working with industry-disrupting, high-growth startups to her role as general counsel for Gemini,” he said. “Sydney's reputation as a trusted adviser to business, product and engineering teams precedes her, and that, along with her proven ability of successfully navigating complex deals and strategic partnerships, will prove invaluable to Gemini as our organization continues to expand.”

Schaub has spent her entire career in-house. After graduating from Harvard Law School in 2007, she took a job as associate corporate counsel for Google. She then went to work for Square as associate GC and in 2017 she became the general counsel and corporate secretary of Rent the Runway.

Earlier this month, the New York Department of Financial Services approved the Gemini Dollar. According to the New York Law Journal, the Gemini dollar is set to the U.S. dollar at 1:1 and would allow users to send and receive dollars on the ethereum network using ERC20 tokens.

The company also participated in a survey issued to crypto companies by the New York state attorney general that criticized regulation of the crypto market and some companies' practices. The survey has faced some backlash from the exchanges that chose not to participate.