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Gemini raises $400m at $7.1bn valuation
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finextra.comLaunched in 2015 by Cameron and Tyler Winklevoss, Gemini lets individual and institutional investors buy, sell, and store crypto.
The firm has also branched out into non-fungible tokens through Nifty Gateway, a wholly owned NFT platform.The funding comes after a busy year for the company, which has seen it acquire Blockrize to help launch the Gemini credit card and buy ShardX, a developer of secure multi-party computation technology, to enhance its crypto listing and custodial services.The firm is also looking to expand geographically, securing regulatory approval to enter the UK and filing to launch in Singapore.Cameron Winklevoss, president, Gemini, says: "In 2021 we diversified our revenue stream, expanded to new territories, acquired
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