The Winklevoss twins’ crypto exchange, Gemini, will allocate capital from its $400-million funding round into building a “Gemini experience in different Metaverses.”
Gemini announced that it had closed a $400-million equity growth funding round at a valuation of $7.1 billion on Thursday, marking the first time the firm had sought outside financing. Morgan Creek Digital led the round with participation from 10T, ParaFi, Newflow Partners and Marcy Venture Partners to name a few.