Winklevoss' Gemini partners with Harbor to leverage GUSD investments

30 Apr, 2019
by David Robb
News
Winklevoss' Gemini partners with Harbor to leverage GUSD investments

Gemini has established a partnership with tokenized securities platform Harbor. The Winklevoss Twins' company will be leveraging investments made using their Gemini dollar (GUSD) stablecoin.

Tyler Winklevoss released a statement regarding the deal, explaining that Gemini wants to support more novel use cases that are "crypto native". Investors who hold the GUSD stablecoin will be able to use it directly to invest in pther blockchain companies or projects. 

Winklevoss claims that the partnership will "allow users to invest in deals using Gemini dollars and receive any future distributions or dividends of such deals in Gemini dollars...has the potential to bring unprecedented access, liquidity, and capital formation to private investments and investors that was previously not possible before the technological breakthroughs of cryptocurrency".

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