Search results for Winklevoss Capital
Crypto
Winklevoss twins seek Nasdaq listing for Zcash spot ETF \'WINK\'
The Winklevoss twins filed an S-1 registration statement with the U.S. Securities and Exchange Commission to launch a spot exchange-traded fund that would directly hold Zcash token ZEC, seeking a Nasdaq listing under the ticker WINK. The proposed Winklevoss Zcash ETF would let investors gain exposure through a regular brokerage account and would charge a 0.25 percent sponsor fee. Gemini would custody ZEC in cold wallets, and Winklevoss Capital Fund signaled interest in buying up to $100 million in the offering.
Crypto
Winklevoss twins inject $100 million into Gemini; shares surge in after-hours trading
Crypto exchange Gemini surged in after-hours trading after raising a $100 million investment from its founders, the Winklevoss twins, and reporting first-quarter results that beat expectations. The investment was made through a venture fund that bought Class A common shares at $14 each, paid in bitcoin. Gemini posted an EPS loss of 93 cents versus a 1.03 loss expected, while revenue topped forecasts.
Crypto
Winklevoss twins make large bitcoin withdrawal from Gemini
Cameron and Tyler Winklevoss, founders of U.S. crypto exchange Gemini, have withdrawn a large amount of bitcoin from the platform, prompting varied interpretations of the transaction. Blockchain analytics data cited by CoinDesk showed 572 bitcoin, worth about $42.77 million, moved in the past 24 hours from a Gemini hot wallet to wallets tied to Winklevoss Capital and Gemini Custody. The transfers occurred in two tranches.
