The Winklevoss twins’ cryptocurrency exchange Gemini has acquired the decentralized prediction platform Guesser.
We have some news!!!!! 💥💥
After a fun journey working on prediction markets, we’re going all in on bringing DeFi to a billion people.
Thank you to our Ethereum community friends who used our different products since late 2018 💙
Sooooo excited about the future! https://t.co/kekV6jBVQ7
— Guesser (@guesser) August 10, 2021
The company said that the Guesser acquisition is aimed at expanding the use of the stablecoin GUSD and strengthening Gemini’s position in the decentralized finance (DeFi) ecosystem.
The entire Guesser team will move to Gemini, and the exchange did not disclose other details of the deal.
In June, the company announced the acquisition of startup Shard X, which develops solutions based on the confidential computing protocol.
According to Gemini co-founder Cameron Winklevoss, the exchange plans to beat Binance in the competition.
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