Gemini

Kingdom

United

Bitcoin

Cameron and Tyler Winklevoss have made a significant investment in Real Bedford Football Club (RBFC), owned by Bitcoin podcaster Peter McCormack.&nbsp;
The Winklevoss twins, through their investment firm Winklevoss Capital, <a href="https://twitter.com/Gemini/status/1778822935794299298" rel="noopener noreferrer nofollow">injected</a> $4.5 million worth of Bitcoin into RBFC to support its growth and ambitions.
It is crucial to note that the brothers that own the crypto exchange platform Gemini have established a strong presence in the digital asset space. The investment firm of the twins also participated in the crypto fund debuted by <a href="https://thecoinrise.com/hong-kong-vc-firm-announces-100m-fund-for-asian-crypto-startups/" rel="noopener noreferrer nofollow">Hong Kong-based crypto venture capital firm CMCC Global</a>.
<h2 id="span-style-font-weight-400-winklevoss-twins-invest-in-football-club-span">Winklevoss Twins Invest in Football Club</h2>
Peter McCormack, who acquired RBFC in 2021, sees this investment as crucial for the club’s future, aiming to establish a Bitcoin treasury to safeguard against long-term fiat debasement.
The funds will also <a href="https://www.gemini.com/blog/cameron-and-tyler-winklevoss-invest-usd4-5m-of-bitcoin-into-real-bedford" rel="noopener noreferrer nofollow">contribute</a> to infrastructure development, including a new training center, and support for girls’ and youth football programs.
<h3 id="span-style-font-weight-400-competing-in-higher-leagues-span">Competing in Higher Leagues</h3>
RBFC, based in Bedford, aims to compete in higher leagues, envisioning itself among renowned UK clubs like Manchester United and Chelsea Football Club. While acknowledging the ambition to reach the Premier League, McCormack emphasizes focusing on one league at a time.
“The investment is the largest ever made into a football club in the United Kingdom outside of the professional leagues. Following this investment, Cameron and Tyler will assume the role of co-owners of RBFC alongside Peter McCormack,” read the announcement.
<h2 id="span-style-font-weight-400-winklevoss-twins-share-mccormack-s-vision-span">Winklevoss Twins Share McCormack’s Vision</h2>
The Winklevoss twins share McCormack’s vision, expressing their commitment to RBFC’s journey to the top league in the UK. Cameron Winklevoss highlights that their investment is not <a href="https://thecoinrise.com/football-star-lionel-messi-partners-with-crypto-exchange-bitget/" rel="noopener noreferrer nofollow">merely in a football club but in a dream</a> to elevate RBFC to Premier League status.&nbsp;
Tyler Winklevoss underscores their belief in Bitcoin’s potential to accelerate RBFC’s progress toward this goal.
<h3 id="span-style-font-weight-400-investment-in-rbfc-span">Investment in RBFC</h3>
This investment in RBFC follows the Winklevoss twins’ recent donation of $4.9 million to the Fairshake super political action committee (PAC), aimed at supporting crypto-friendly candidates in the upcoming US elections.&nbsp;
It reflects their broader involvement in <a href="https://thecoinrise.com/crypto-firm-bitget-plans-expansion-in-africa/" rel="noopener noreferrer nofollow">advancing crypto adoption</a> and supporting initiatives aligned with their vision for the industry’s growth.
“RBFC reflects the community nature of bitcoin by developing local Bedford talent and fostering a welcoming and supportive environment, creating opportunities for aspiring footballers, and promoting the sport’s growth within the Bedford region,” said the announcement.
The post <a href="https://thecoinrise.com/winklevoss-twins-invest-in-real-bedford-football-club-with-bitcoin/" rel="noopener noreferrer nofollow">Winklevoss Twins Invest in Real Bedford Football Club with Bitcoin</a> appeared first on <a href="https://thecoinrise.com" rel="noopener noreferrer nofollow">Latest News and Insights on Blockchain, Cryptocurrency, and Investing</a>.

Winklevoss Twins Invest in Real Bedford Football Club with Bitcoin

Table of Contents

TheCoinrise Media

Other articles published on Apr 13, 2024

ENA Coin Price Analysis: Can It Break Out or Face Further Decline?

BEFE, BRISE, and CENX Stocks Surge – Is It the Right Time to Buy?

Shiba Inu (SHIB) Stuns With 570% Inflow Surge as Whales Return

Four Ethereum Whales Sell $106 Million Worth ETH, Sub $3000 ETH Price Soon?

BlockDAG Surpasses NEAR Protocol Price and Cosmos Trading Trends With $15.6M Presale

Kitty Queen Coin Burns 40% of Supply As It Seeks to Challenge SHIB and DOGE

Join our free newsletter for daily crypto updates!