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Gemini surges after Winklevoss Capital invests $100 million in the crypto exchange

Gemini surges after Winklevoss Capital invests $100 million in the crypto exchange

A screen displays an image of Gemini co-founders Tyler Winklevoss and Cameron Winklevoss, and the Gemini logo, during the company’s IPO at the Nasdaq MarketSite, in New York City, U.S., Sept. 12, 2025.

Jeenah Moon | Reuters

Gemini Space Station, the crypto exchange founded and led by the Winklevoss brothers, saw shares surge in extended trading after it announced a $100 million capital injection from Winklevoss Capital Fund, the crypto billionaires’ venture capital fund.

The fund bought shares of the company’s Class A common stock at $14 each, paid in bitcoin.

The announcement came as part of the company’s first-quarter financial update. Shares initially popped about 30% and were last higher by 17%.

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