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Gemini

The Winklevoss twins' crypto exchange — built on a Facebook settlement.

▶ Founder shortScalingMarkets & tradingFintechMarketplaceUSA
Company Coverage1 www.gemini.com

In 2008 Cameron and Tyler Winklevoss settled with Mark Zuckerberg for $65M. In 2013 they put roughly $11M of it into Bitcoin near $10 a coin — ending up with about 1% of all BTC — then built Gemini, a regulated exchange and custodian, and took it public in 2025. The settlement was the seed. Not a Silicon Valley story most founders can copy, but the clearest case of turning a payout into an asset before anyone else believed in it.

Why it's indexed

  • ~1% of all Bitcoin, bought near $10 a coin in 2013.
  • Regulated exchange and custodian; public since 2025.
  • The $65M Facebook settlement was the founding capital.

Coverage

Founder short: the Winklevoss twins & GeminiFounder short

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