Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency trade and former olympian rowers, might be sponsoring the 2021 Oxford-Cambri
Tyler and Cameron Winklevoss, co-founders of the Gemini cryptocurrency trade and former olympian rowers, might be sponsoring the 2021 Oxford-Cambridge Boat Race.
In an announcement from Gemini at the moment, the Winklevoss twins mentioned the crypto trade can be the principal sponsor for this yr’s boat race between Oxford and Cambridge Universities — an occasion going again to 1829. As well as, Gemini might be funding a £75,00zero bursary for “younger individuals with restricted entry to rowing.”
Each brothers rowed at Harvard College for 4 years whereas majoring in economics, later competing on the 2007 Pan American Video games and 2008 Beijing Olympics. The twins additionally participated within the 2010 Boat Race whereas learning enterprise at Oxford.
“Rowing was our first foray into entrepreneurship, inspiring us to create the varsity rowing group at our highschool,” mentioned the Winklevoss twins. “We’re thrilled to be combining two of our biggest passions — rowing and crypto — with our sponsorship of this historic occasion.”
With a mixed price of greater than $2 billion, the twins are a few of the richest Bitcoin (BTC) billionaires, having invested $11 million into the crypto asset in 2013. The pair are reportedly contemplating taking Gemini public as stories of Coinbase transferring towards a public itemizing with an IPO flow into.