Bitcoin exchange Gemini has bought decentralised prediction platform Guesser

August 12, 2021

Bitcoin exchange Gemini has bought decentralised prediction platform Guesser

Winklevoss brothers' cryptocurrency exchange Gemini has acquired Guesser, a decentralised prediction platform.

We have some news!!!!! After a fun journey working on prediction markets, we’re going all in on bringing DeFi to a billion people. Thank you to our Ethereum community friends who used our different products since late 2018 Sooooo excited about the future!

The company said the acquisition of Guesser is intended to expand the use of GUSD's stablcoin and strengthen Gemini's position in the decentralised finance (DeFi) ecosystem.

The entire Guesser team will move to Gemini; the exchange did not disclose other details of the deal.

Recall that in June the company announced the purchase of Shard X, a startup that develops solutions based on the privacy computing protocol.

According to Gemini co-founder Cameron Winklevoss, the exchange plans to beat the competition from Binance.

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About the author

Hi there, my name is Zalman Weinberg. I'm enthusiast with over 7 years of experience in cryptocurrencies and blockchain. Professional Trader providing Blockchain solutions to Startups and Enterprises. Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.). I have also worked with multiple Forex broker APIs.

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