Winklevoss brothers are eyeing to join Facebook’s crypto project Libra despite their past legal battle with Facebook’s co-founder and CEO Mark Zuckerberg. The twin founders of the digital currency exchange Gemini revealed their plans in an interview published by CNN on August 19.
As Tyler Winklevoss told CNN's Poppy Harlow in an interview for the Boss Files podcast, the twins’ former dispute with Zuckerberg does not matter anymore, as the Gemini exchange is a better representation of their business philosophy.
Cameron Winklevoss, in turn, has claimed that Libra will make the mass adoption of cryptocurrencies more likely.
The Winklevoss brothers are now negotiating to join the Libra Association, a consortium that has been set up to operate the cryptocurrency’s blockchain. The organisation is now comprised of 28 members, including Visa, Uber, MasterCard, eBay, PayPal and others.
However, before making the final decision, the Winklevoss brothers are looking to find out more about the project, in particular, the possibility of listing Libra on the Gemini exchange.
As of press time, the Libra Association has not issued any comment on the alleged negotiations.
Facebook revealed its highly anticipated cryptocurrency Libra in June. The blockchain ecosystem for Libra is set to launch in the first half of 2020, along with Facebook’s own crypto wallet Calibra.