Bitcoin to Get First-Ever Daily Auctions on Winklevoss’s Gemini

  • Auctions to start Wednesday; held at 4 p.m. Eastern time
  • Winklevoss wants ’to make bitcoin as mature as other markets’

Gemini Trust Co., the U.S.-based digital-currency exchange founded by entrepreneurs Cameron and Tyler Winklevoss, is introducing a daily bitcoin auction to facilitate price discovery and larger trades at lower costs.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.