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Twin Founders of Gemini’s Nifty Gateway NFT Platform Step Down

Jan. 25, 2023, 2:51 PM

Duncan and Griffin Cock Foster, twin brothers and co-founders of Gemini Trust Co.-owned NFT platform Nifty Gateway, said they are departing the company after four years.

The cryptocurrency exchange, which was also founded by twin brothers, acquired the NFT marketplace in 2019. That was also the first-ever acquisition by Tyler and Cameron Winklevoss. Their departure comes as Gemini tries to recover about $900 million from bankrupt crypto lender Genesis, which was one of the main borrowers of the high-yield lending program Gemini Earn. Redemptions from the program were paused in November. Genesis suspended lending withdrawals, as the spectacular ...