Winklevosses Invest $100 Million in Battered Gemini Exchange

Tyler Winklevoss, chief executive officer and co-founder of Gemini, left, and Cameron Winklevoss, president and co-founder of Gemini, right, during the company’s initial public offering in September 2025.Source: Bloomberg

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May 14, 2026 at 9:11 PM UTC

Tyler and Cameron Winklevoss, the billionaire twins who founded Gemini Space Station Inc., made a $100 million “strategic investment” into the money-losing crypto exchange.

Winklevoss Capital Fund LLC made the infusion into the New York-based firm at a price of $14 a share of the company’s Class A common stock, with consideration paid in Bitcoin. The stock jumped about 15% in post-market trading, after closing at $5.26 on Thursday. The shares have slumped more than 80% in the past year.