Gemini: Wiklevoss brothers open own exchange!

A next generation Bitcoin exchange build from the Winklevoss TwinsA next generation Bitcoin exchange – so the Winklevoss Twins describe their new project, a Bitcoin exchange that will be listed on NASDAQ. Based in New York the exchange will be fully compliant and fully regulated for people and institutions. Since 2012 the brothers are interested in Bitcoin and investing in Bitcoin and Bitcoin-related companies. They also create the Winklevoss Bitcoin Trust which will list on NASDAQ. The exchange is the next step in their Bitcoin career.

Since last February the brothers assembling the team to build Gemini with the goal to bring the nation’s top security experts, technologists and financial engineers togehter for a exchange with a security-first mentality. Moreover the Winklevoss Twins that they have secured a banking relationship with a New York Stat-chartered bank, so the money will never leave the country – that means that the Dollars will be eligible for FDIC insurance and held by a US-ruglated bank so the money will be as safe and secure as it is in a normal back account.

On their welcome post on the Gemini blog the brothers said:

Today, my brother Tyler and I are proud to announce Gemini: a next generation bitcoin exchange. What exactly do we mean by “next generation”? We mean a fully regulated, fully compliant, New York-based bitcoin exchange for both individuals and institutions alike. Why? Because it’s about time.

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