A crypto currency platform founded by the Winklevoss twins has made Dublin its European head quarters with plans to create jobs.
Gemini is a cryptocurrency platform founded by US entrepreneurs Tyler and Cameron Winklevoss, and the platform allows customers to buy, sell and hold crypto assets such as Bitcoin. The twins met Taoiseach Leo Varadkar today as they announced the Dublin HQ, which is based in Booterstown.
Gemini is the first firm registered by the Central Bank of Ireland as a Virtual Asset Service Provider. Taoiseach Leo Varadkar welcomed the news, saying that the company's new HQ in Dublin is "significant" for Ireland as the Government focuses on innovation as a driver of growth.
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"I wish Gemini every success as they build their team in Ireland. Gemini's decision to locate in Ireland highlights our competitive offering for the international financial services sector.
"We take pride in how it has grown from 60 staff in Dublin 30 years ago, to approximately 56,000 people around the country working in finance today," added Mr Varadkar.
The Winklevoss twins said that they had chosen Dublin due to the capital's "deep talent base in technology and innovation", and the capital's thriving startup scene for businesses. The company currently has 12 employees in Dublin with plans to recruit more in the coming months and years.
The Winklevoss twins are known for their legal battle with Facebook founder Mark Zuckerberg over the idea for the popular social media platform. The brothers said they are "grateful for the support of the Irish government and the IDA" as they make Dublin their new head quarters.
"We look forward to being a part of and adding to the vibrant tech community in Dublin. Crypto is as transformative as the Internet, and we are committed to unlocking the opportunities it represents."
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