Gemini, a privately held cryptocurrency exchange, announced on November 18 that it had secured $400 million in a financing round led by hedge fund Morgan Creek Digital, valuing the company at $7.1 billion. Gemini is the latest cryptocurrency startup to raise money at a high valuation in recent months as a result of this. Users can purchase, sell, store, and trade Bitcoin, Ether, and DeFi (decentralised finance) tokens on the privately-owned cryptocurrency platform. It was founded by twins Cameron and Tyler Winklevoss, who are best known for their fight with Facebook founder Mark Zuckerberg over whether he stole their idea for the social networking platform.
Those who
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