Winklevoss Twins Set Aside Up to 30% of Gemini Stock for Retail Traders

The Winklevoss twins, founders of the cryptocurrency exchange Gemini, have set aside up to 30% of the company's stock for retail traders. This move aims to provide ordinary investors with an opportunity to invest in the company before its public debut on Friday. The Gemini Space Station Inc. is a cryptocurrency exchange backed by the Winklevoss brothers, who are known for their legal battle with Facebook founder Mark Zuckerberg. The decision to reserve a significant portion of the stock for retail traders is an unusual move in the typically exclusive initial public offering (IPO) market, where institutional investors often dominate. This initiative by the Winklevoss twins could potentially give retail investors a chance to participate in the growth of the cryptocurrency exchange, which has gained prominence in the digital asset industry. The article does not provide further details on the specifics of the stock offering or the company's financials.