Winklevoss twins launch new trading app and investment vehicle

Tyler and Cameron Winklevoss, the founders of the Gemini trading platform and crypto whales have launched a crypto trading app and new investment vehicle according to an official blog post.

The app allows users to buy and sell crypto, to monitor real-time and historical prices for Bitcoin, Ethereum, Litecoin, Bitcoin Cash and Zcash.

The app also includes a “recurring buy” feature and supports a newly launched investment vechichle called “The Cryptoverse”. The investment vehicle is a basked of cryptocurrencies weighted by market capitalization and can be bought in a single order.

Cameron in an interview with Bloomberg stated that:

“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 beginning.”

The twins also stated that one of their aims in 2019 is to expand into the Asian crypto market which is currendly dominated by Bitfinex, Binance, and Huobi. There are also rumours that they might enter into the UK market.

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