Winklevoss Twins Inject $100M into Gemini Amid Low Crypto VC Activity By DailyCoin

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Winklevoss Twins Inject $100M into Gemini Amid Low Crypto VC Activity
  • Gemini tried to raise money in an informal fundraising campaign but failed to do so.
  • Tyler and Cameron Winklevoss then invested $100 million of their own money into the exchange.
  • Crypto venture capital activity has been low in the past year.

The current crypto winter has been one of the harshest in the industry’s history. Multiple companies and protocols have imploded, and many more are on the brink of extinction.

One such crypto company seems to be the crypto exchange Gemini, into which its founders Tyler and Cameron Winklevoss have just injected $100 million.

Winklevoss Twins Inject $100M into Gemini

Centralized crypto exchange Gemini seems to be struggling. According to Bloomberg, the founders of the exchange have injected $100 million into it.

That’s because Gemini has been having a…

Continue Reading on DailyCoin

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Winklevoss Twins Inject $100M into Gemini Amid Low Crypto VC Activity
  • Gemini tried to raise money in an informal fundraising campaign but failed to do so.
  • Tyler and Cameron Winklevoss then invested $100 million of their own money into the exchange.
  • Crypto venture capital activity has been low in the past year.

The current crypto winter has been one of the harshest in the industry’s history. Multiple companies and protocols have imploded, and many more are on the brink of extinction.

One such crypto company seems to be the crypto exchange Gemini, into which its founders Tyler and Cameron Winklevoss have just injected $100 million.

Winklevoss Twins Inject $100M into Gemini

Centralized crypto exchange Gemini seems to be struggling. According to Bloomberg, the founders of the exchange have injected $100 million into it.

That’s because Gemini has been having a…

Continue Reading on DailyCoin

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