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$400M Funding helps Gemini valued at $7.1B to Build a Decentralized Metaverse
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American cryptocurrency exchange Gemini raises $400 million through growth equity financing, led by Morgan Creek Digital.
Other investors include private equity firm 10T, ParaFi, family office consultant Newflow Partners, Marcy Venture Partners and Commonwealth Bank of Australia. For Gemini, this is the first time Gemini has received external financing.
After completing this financing, the Gemini platform is valued at US$7.1 billion.
The announcement stated:
«With this round of financing, Gemini
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