Securities Law News

Winklevoss Twins Say Futures Are Starting Gun for Bitcoin

Dec. 12, 2017, 4:28 PM

Cameron and Tyler Winklevoss, thought to be among the largest holders of bitcoin, said the advent of futures is just the beginning of a phase of greater acceptance for the cryptocurrency that is often derided as a bubble.

“We think it’s the starting gun to a whole new phase of liquidity and price discovery and sophisticated entrance to the market,” Tyler Winklevoss said during a Bloomberg Television interview.

The Winklevoss twins are co-founders of the Gemini exchange, which Cboe Global Markets Inc. is using as the basis for the daily settlement for the bitcoin futures that began trading Sunday, Dec....

To read the full article log in. To learn more about a subscription click here.