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Gemini surges after Winklevoss Capital Fund invests $100 million in the crypto exchange

CNBC · May 14, 2026, 10:23 PM · Also reported by 3 other sources

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  • The fund bought shares of the company's Class A common stock at $14 each, paid in bitcoin.
  • The announcement came as part of the company's first-quarter financial update.

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Gemini Space Station, the crypto exchange founded and led by the Winklevoss brothers, saw shares surge in extended trading after it announced a $100 million capital injection from Winklevoss Capital Fund, the crypto billionaires' venture capital fund.

The fund bought shares of the company's Class A common stock at $14 each, paid in bitcoin.

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