The Winklevoss twins remain undeterred by the current situation of cryptocurrencies, they believe big opportunities in cryptocurrency still exist.

The Gemini Trust Co., a New York-registered company, run by the twins is trying to lure investors back into the market with a new app as they look forward to 2019. Gemini is currently working on expansion plans in Asia.

The product hits the market at a low point for bitcoin, which shed almost 80% of its value this year. The Winklevoss twins said that they’re accustomed to navigating skepticism over digital assets.

“We’re totally at home in winter,” said Tyler Winklevoss in an interview with Bloomberg, “It gives us time to build internally, and refine and kind of catch our breath,” added Cameron.

Gemini is focused on bringing more users to their new app in the coming year. In addition, Gemini is also looking forward to institutional investments in the space, which according to some experts, could help in bringing back a bull market to cryptocurrencies.

“A lot of our decisions have perhaps given off a perception that we’re more institutional-based,” Cameron said. “The reality of the situation is that we have a diverse customer base. And the retail story is just beginning.”.

Expansion plans for Asia are still underway and will continue well into 2019, once set up Gemini will sit alongside some of the world's biggest cryptocurrency companies, such as Bitfinex and Huobi.

This upcoming expansion is a testament to where the Winklevoss’ loyalties lie.


Like it? Share with your friends!

480
763 shares, 480 points

What's Your Reaction?

lol lol
266
lol
scary scary
200
scary
omg omg
133
omg
wtf wtf
666
wtf
win win
533
win
fail fail
466
fail
Love Love
400
Love
hate hate
133
hate
confused confused
333
confused

Leave a Reply

avatar
  Subscribe  
Notify of
Choose A Format
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Meme
Upload your own images to make custom memes
Image
Photo or GIF
Video
Youtube, Vimeo or Vine Embeds
Gif
GIF format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Countdown
The Classic Internet Countdowns