Winklevoss Twins Lent Their Crypto Platform Gemini $100M: Bloomberg

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Nick Baker is CoinDesk’s deputy editor-in-chief. He owns small amounts of BTC and ETH.

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Tyler and Cameron Winklevoss recently lent their Gemini cryptocurrency exchange $100 million to support the business amid the market downturn, Bloomberg reported.

The brothers provided the loan after trying to get outside investment for Gemini, Bloomberg said, citing anonymous sources.

A Gemini spokesperson didn’t immediately respond to CoinDesk’s request for comment.

Edited by Nick Baker.

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Nick Baker is CoinDesk’s deputy editor-in-chief. He owns small amounts of BTC and ETH.

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Nick Baker is CoinDesk’s deputy editor-in-chief. He owns small amounts of BTC and ETH.

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