# Gemini funding: rounds and investors

> Gemini has raised $175M across 2 rounds since 2025. Investors include K5 Global, Ripple and VanEck. Every round with its source.

Source: https://millionrounds.com/company/gemini (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Gemini*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$175M** raised across 2 rounds since 2025, from 2 sources

**$75M** Debt **$100M** Round

- **Latest round:** Round, $100M May 2026
- **Step-up i:** 1.3×
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$75M** Debt

**$100M** Round

- **First round:** Debt, $75M
- **Biggest round:** $100M
- **Between rounds:** 10 months

## The rounds

- **May 2026** Round **$100M** *1 new* *3 returning* [K5 Global](https://millionrounds.com/fund/k5-global) [Ripple](https://millionrounds.com/fund/ripple) [ParaFi Capital](https://millionrounds.com/fund/parafi) [VanEck](https://millionrounds.com/fund/vaneck) Source recorded
- **Jul 2025** Debt **$75M** *5 new* [K5 Global](https://millionrounds.com/fund/k5-global) [Pantera Capital](https://millionrounds.com/fund/pantera-capital) [WndrCo](https://millionrounds.com/fund/wndrco) [Ripple](https://millionrounds.com/fund/ripple) [VanEck](https://millionrounds.com/fund/vaneck) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Debt** 2025 **Round** 2026 [K5 Global](https://millionrounds.com/fund/k5-global) [Ripple](https://millionrounds.com/fund/ripple) [VanEck](https://millionrounds.com/fund/vaneck) [Pantera Capital](https://millionrounds.com/fund/pantera-capital) [WndrCo](https://millionrounds.com/fund/wndrco) [ParaFi Capital](https://millionrounds.com/fund/parafi)

## Everyone who backed them

[K5 Global](https://millionrounds.com/fund/k5-global) Private equity **2** rounds

[Ripple](https://millionrounds.com/fund/ripple) Investment firm **2** rounds

[VanEck](https://millionrounds.com/fund/vaneck) VC firm **2** rounds

[Pantera Capital](https://millionrounds.com/fund/pantera-capital) VC firm **1** round

[WndrCo](https://millionrounds.com/fund/wndrco) Private equity **1** round

[ParaFi Capital](https://millionrounds.com/fund/parafi) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=gemini).

## Also claim to have backed them

These 6 firms list Gemini as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Winklevoss Capital](https://millionrounds.com/fund/winklevoss-capital) Family office Per its own site

[Draper Dragon](https://millionrounds.com/fund/draper-dragon) VC firm Per its own site

[50T Funds](https://millionrounds.com/fund/50t-funds) Growth equity Per its own site

[Blocktree Capital](https://millionrounds.com/fund/blocktree-capital) VC firm Per its own site

[Galliott Capital A...](https://millionrounds.com/fund/galliott-capital-a) Family office Per its own site

[Rising Capital](https://millionrounds.com/fund/rising-capital) VC firm Per its own site

## Quick answers about Gemini

### Who invested in Gemini?

Gemini's investors include K5 Global, Ripple, VanEck, Pantera Capital and WndrCo, and 1 more on record.

### How much has Gemini raised?

Gemini has raised $175M across 2 rounds since 2025.

### When did Gemini last raise?

Gemini's most recent round was an Undisclosed round of $100M in May 2026.

### What was Gemini's biggest round?

Its most recent round, $100M in May 2026, is also its largest on record.

### Who backed Gemini first?

Gemini's first round on record, in Jul 2025, was backed by K5 Global, Pantera Capital and WndrCo and 2 others.

### What stage is Gemini at?

Gemini's latest named round is an Undisclosed round, in May 2026.

### Where is Gemini based?

Gemini is based in the United States.

## Companies like Gemini

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

## Find investors like these

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