Tyler and Cameron Winklevoss, founders of the Gemini cryptocurrency exchange and former Olympic rowers, will sponsor the Oxford-Cambridge boat race in 2021.
In an announcement made by Gemini on Tuesday, the twins Winklevoss said the cryptocurrency exchange would be the primary sponsor of this year’s boat race between the University of Oxford and the University of Cambridge, an event dating back to 1829. In addition, Gemini will fund 75,000 EUR (USD 89.256) Scholarship for “youth”. With limited access to rowing. ”
The two brothers rowed at Harvard for four years as an economist and then competed in the 2007 Pan-American Games and the 2008 Beijing Olympics. The twins also competed in the 2010 regattas while studying at Oxford.
The twin Winklevoss said, “Paddling was our first attempt at being an entrepreneur, and it inspired us to build a varsityro team in high school.” “We are delighted to combine our biggest passions – kayaking and cryptocurrency – with our sponsorship of this historic event.”
With a combined net worth of more than $ 2 billion, the twins are among the richest Bitcoin (BTC) billionaires, and in 2013 they invested $ 11 million in cryptocurrencies. The couple is reportedly considering a Gemini public offering as reports are sent out on Coinbase’s listing moves for the first list.