Cameron and Tyler Winklevoss have great vision - from the idea for Facebook to getting into Bitcoin in 2012.
After starting a cryptocurrency exchange in 2014, they have worked hard to comply with U.S. regulations while offering a great product. The success they missed out on with Facebook was clearly made up for with their Bitcoin investments. And their sentiment echoes one we have stated in the past: it is normal for a new asset class of this size to be volatile. We’ve seen these market cycles a couple times in since 2013 but the overall trend has appreciated in value. As we continue to see companies like Gemini following U.S. regulations and offering institutional-grade products, we will see more adoption from institutions and the entire market gaining legitimacy.