Gemini Crypto Platform Receives $100M Loan from Winklevoss Twins

1 min read
Source: CoinDesk
Gemini Crypto Platform Receives $100M Loan from Winklevoss Twins
Photo: CoinDesk
TL;DR Summary

Tyler and Cameron Winklevoss lent their cryptocurrency exchange, Gemini, $100 million to support the business amid the market downturn. The brothers provided the loan after trying to get outside investment for Gemini. It's not clear if the loan and the $100 million commitment to Gemini's Earn yield product are related.

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