Gemini Space Station Soars 23% After Receiving $100 Million Investment From Winklevoss Twins

MT Newswires Live

05/15

Gemini Space Station said Tyler and Cameron Winklevoss made a $100 million strategic investment in the crypto exchange through Winklevoss Capital Fund, buying Class A shares at $14 apiece using Bitcoin as consideration.

Shares of Gemini rose over 23% in after-hours trading.

The crypto exchange posted a first-quarter loss of $109 million, reduced from a loss of $149 million a year earlier, while revenue rose 42% to $50 million.

Chief Executive Officer Tyler Winklevoss said the investment would support Gemini's next phase of growth as the company looks to expand beyond crypto into broader financial markets.

Gemini went public in September 2025 and has since faced pressure from a downturn in cryptocurrency prices and industry-wide cost cuts, Bloomberg reported.

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