Cameron And Tyler Winklevoss, Gemini Exchange Twins, Continue To Pump The Bullish News On Crypto’s Future
Winklevoss Twins Are Already Thinking About The Future Of The Space In 2019
It seems that the Winklevoss twins are not going anywhere, even when the market continues to fall. The founders of the popular Gemini exchange are trying to attract new investors to invest in virtual currencies and Bitcoin, which is operating 80% down from the all-time high registered at the end of 2017.
According to Cameron Winklevoss, winter is a good time to ‘build internally, and refine and kind of catch our breath.’ The main intention is to allow users to invest in digital assets using an application in 2019.
In a conversation with Bloomberg, Cameron explained that they have a mixed user base on their platform. About it, he said:
“A lot of our decisions have perhaps given off a perception that we’re more institutional-based. The reality of the situation is that we have a diverse customer base. And the retail story is just the beginning.”
They have also explained that they are planning to reach new marks, such as Asia, during the coming year. It is clear that the continent is one of the most active in the crypto market. Just Japan and South Korea are responsible for 47% of the total trade of Bitcoin against fiat currencies, according to Coinhills. At the same time, there are many exchanges located in Asia, a region that is growing at all times.
Gemini operates in almost all U.S. states and in other countries such as Canada, Hong Kong, Singapore, South Korea and the United Kingdom.
With the current downtrend in the market, several companies are having some issues to operate and keep their businesses running. Most of the Initial Coin Offerings (ICOs) that were launched during the last year couldn’t launch a product to the market and some of the coins they’ve launched lost more than 95% of their value. In some cases, they stopped existing.
Although the market has affected Gemini as well, the twins are very confident about its future. At the end of the interview, Tayler said:
“We’re in this for the long haul. We think it’s a space that’s here to stay.”
Gemini is one of the most important exchanges in the market. According to data provided by CoinMarketCap, Gemini is the 50th largest exchange with a trading volume of $16.72 million transacted in the last 24 hours.