- Tyler and Cameron Winklevoss loaned $100 million to support their Gemini Trust Co. crypto exchange, Bloomberg reported.
- They made the move after Gemini sought funding from outside investors without reaching any agreements.
- Venture funding for crypto startups dropped 80% in the first quarter, after FTX collapsed and the crypto market suffered a downturn.
Billionaires Tyler and Cameron Winklevoss have loaned $100 million of their own money to support their Gemini Trust Co. crypto exchange after running into hurdles during the market slump for digital assets, according to a Bloomberg report.