Winklevoss Brothers Own 'Material' Amount of Ether

Winklevoss Brothers Own 'Material' Amount of Ether

Tyler and Cameron Winklevoss have revealed that they have personally invested in ether, the digital asset that powers the Ethereum blockchain. The announcement follows on the heels of news the New York State Department of Financial Services (NYDFS) said it will allow the brothers to add an Ethereum trading product to their digital currency exchange, Gemini. In interview, Tyler Winklevoss said he wanted to make clear their investment as part of the disclosure surrounding next week's launch. Winklevoss told CoinDesk: "We are invested. We own ether." Winklevoss said he and his....


Related News

Winklevoss Bitcoin Trust Moves Filing to BATS Exchange

The Winklevoss Bitcoin Trust is no longer attempting to list on Nasdaq, according to an SEC document filed today. After three years of waiting for regulatory approval from the Securities and Exchanges Commission (SEC), the Trust’s founders, investors Tyler and Cameron Winklevoss, have changed tact and are now seeking to list the product on the BATS Global Exchange. Notably, the Winklevoss brothers have also increased the size of the offering, from $20m to $65m, a move that would boost the maximum price of shares offered to retail investors. If the SEC approves the request, the Trust would....

Winklevoss Brothers: Bitcoin Will Disrupt Gold As Crypto Holds The Future

Bitcoin has matured as an asset and it will eventually be disrupting gold, according to brothers Tyler and Cameron Winklevoss, who operate the Gemini cryptocurrency exchange. The brothers gave their views about digital currency’s future during an interview with Liz Claman on Fox Business Network’s “Countdown Closing Bell.” Claman was reporting live from the Sky Bridge Alternatives (SALT) Conference in Las Vegas, a conference on macro-economic trends. Claman introduced the brothers, whom she described as two of bitcoin’s biggest backers, displaying a line chart showing how bitcoin and the....

Winklevoss Brothers: Gemini the "NASDAQ of Bitcoin"

Cameron and Tyler, the Winklevoss Brothers, are really confident that their upcoming bitcoin exchange Gemini is going to be the institution bitcoin needs. They claim that Gemini can help the US bitcoin ecosystem develop to its full potential by being the fully regulated and compliant institution bitcoin needs right now. The response to competition. While neither of the Winklevoss brothers addressed any of their competitors directly, they have their way of explaining how Gemini stands out from other exchanges. 'Regulated exchanges' have indeed been dominating the headlines lately. It has....

Why the Winklevoss Brothers Are Still Waiting for a Bitcoin ETF

The Winklevoss Bitcoin Trust may be inching closer to becoming the first bitcoin ETF listed on a major stock exchange, but that potentially historic date could be further off than some might think. Announced three years ago by investors Tyler and Cameron Winklevoss, the Winklevoss Bitcoin Trust continues to draw attention, despite delays. As it would trade baskets of shares tied to real bitcoins, retail investors have long seen its approval as a boon for the price of bitcoin and the ecosystem as a whole. It turns out, though, that even in spite of imminent deadlines that suggest approval....

Winklevoss Twins’ Bitcoin Exchange Gemini Opens in the UK

As bitcoin and ether prices scale in drastic ways, cryptocurrency exchange Gemini, founded by the Winklevoss brothers is now expanding to the UK as a part of a wider expansion plan. Starting today, the Gemini bitcoin and digital assets exchange opens in the United Kingdom, enabling registered users in the region to trade bitcoin and ether. The New York-based bitcoin exchange founded by Tyler and Cameron Winklevoss will commence operations in the UK today, continuing an international expansion program that recently saw the exchange open in Canada. As things stand, registered users will be....