Funding daily

Gemini Raises $400 Million in Growth Equity Funding Valuing It at $7.1 Billion

What is Gemini and what does it do?

Gemini is an innovative platform that allows customers to buy, sell, store, and earn cryptocurrencies.

Who founded Gemini?

Gemini was founded in 2015 by Cameron and Tyler Winklevoss, twin brothers, which is partly why they named the brand Gemini.

How much has Gemini raised?

They just raised $400 Million, valuing the business at $7.1 Billion.

Who has invested in Gemini? 

The most recent funding was led by Morgan Creek Digital and will be used to fuel their global expansion. Other investors included 10T, ParaFi, Newflow Partners, Marcy Venture Partners, and the Commonwealth Bank of Australia.

What domain name does Gemini operate on?

Gemini has invested in the best possible domain for their brand – The brothers shared thoughts on the reasons behind the naming:

So, why the name “Gemini”? After white-boarding a list of possible names for several weeks, we settled on Gemini for a host of reasons. Gemini is the Latin word for “twins” and as such, it inherently explores the concept of duality. We were drawn to this both because of the two worlds of money (old and new) that will intersect on the Gemini platform as well as the two-way nature of trade that it will facilitate. But that’s not all. Once we picked our name, a fun fact emerged. We realized that NASA’s Project Gemini was a spaceflight program focused on laying the groundwork for Apollo’s later mission to land man on the Moon. As such, it was coined (no pun intended) man’s “bridge to the moon”. In this spirit, we’ve built Gemini to be “your bridge to the future of money”. Oh, and Tyler and I just happen to be identical twin brothers.

Cameron and Tyler Winklevoss, founders Gemini

The brothers acquired the name from the previous owner – Gemini Performance Solutions Inc., was originally registered in 1994.

Gemini is also a pioneer on the frontier of nifties with its NFT marketplace, also operating on a .com exactly matching their brand name –

Related Articles



Born in Paris a long time ago, fmr investment banker turned novelist, professional Twitter scroller, avid news reader/writer.
Back to top button