Winklevoss twins invest $100M in Gemini crypto exchange
The Winklevoss twins, Cameron and Tyler, have invested $100 million into their own cryptocurrency exchange, Gemini. The investment was made through their capital fund, which purchased Gemini stock at $14 per share, paid in bitcoin. This move caused Gemini's stock to surge in premarket trading. The twins, known for their early involvement in bitcoin and as co-founders of Gemini, are doubling down on their commitment to the crypto platform.
Key facts
- Winklevoss twins invested $100 million in Gemini
- Investment made through their capital fund
- Stock purchased at $14 per share
- Payment made in bitcoin
- Gemini stock surged in premarket trading
- Twins are co-founders of Gemini
- Investment signals confidence in crypto exchange
Entities
Artists
- Cameron Winklevoss
- Tyler Winklevoss
Institutions
- Gemini
Sources
- Quartz —