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$400M Funding helps Gemini valued at $7.1B to Build a Decentralized Metaverse
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blockchain.newsAmerican cryptocurrency exchange Gemini raises $400 million through growth equity financing, led by Morgan Creek Digital.
Other investors include private equity firm 10T, ParaFi, family office consultant Newflow Partners, Marcy Venture Partners and Commonwealth Bank of Australia. For Gemini, this is the first time Gemini has received external financing.
After completing this financing, the Gemini platform is valued at US$7.1 billion.
The announcement stated:
«With this round of financing, Gemini will continue to bring simple, innovative, and secure products to market, and advance its geographic expansion.»
In an interview with Forbes on November 18th, Taylor and Cameron Winklevos expressed their hope that the influence of Gemini will extend
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