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

Published 04/11/2023, 05:15 PM
Updated 04/11/2023, 05:30 PM
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.

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...

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