Gemini’s public listing has doubled as a platform for its founders, Cameron and Tyler Winklevoss, to reinforce their long-term conviction in Bitcoin.

In an interview with CNBC, Tyler described the cryptocurrency as being “early in its adoption cycle” and argued it could reach $1 million within the next decade if it continues to displace gold as a store of value.

The twins have long promoted Bitcoin as “Gold 2.0,” a theme they’ve emphasized since founding Gemini in 2015, when the coin traded near $380. Tyler suggested that if Bitcoin assumes the monetary role that gold has historically played, another tenfold increase from today’s levels would be plausible. Bitcoin now trades above $115,000, representing a staggering 30,000% return over ten years.

Gemini IPO Adds Momentum

The exchange’s stock market debut added fuel to the story. According to Bloomberg, Gemini’s IPO priced at $28 per share, valuing the company at around $3.3 billion – higher than analysts had anticipated. Tyler called the milestone the culmination of years of development and said the public listing will give Gemini the capital base to expand further.

Cementing Their Role in Finance

For the Winklevoss brothers, the listing isn’t just about celebrating Gemini’s progress but also about validating Bitcoin’s trajectory as a mainstream asset. “We’ve come a long way to get to this day,” Tyler said, highlighting both the company’s journey and Bitcoin’s growing importance for investors looking beyond traditional markets.