Gemini, a security-first, regulated cryptocurrency platform, recently announced a $400M growth equity round led by Morgan Creek Digital. Other investors participating in the round included 10T, ParaFi, Newflow Partners, Marcy Venture Partners, and the Commonwealth Bank of Australia. The company intends to use the capital from its first outside financing round to increase its geographic footprint and diversify its revenue streams.
Gemini crypto platform secures $400 Million in equity funding, placing a $7.1 Billion valuation on the Firm