Winklevoss Twins File First Bitcoin IPO

By  |  July 2, 2013
 | 

The Winklevoss Bitcoin Trust, a new company from entrepreneurs Cameron and Tyler Winklevoss, has filed for an initial public offering (IPO) of 1 million shares with the goal of raising $20 million, TechCrunch reports.

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    Not much is yet known about the company, but the media outlet suggests it will allow shareholders to purchase a stake in the brothers’ vast bitcoin holdings.

    If approved, this would mark the first time a virtual currency company will be traded on the stock market.

    Read the full report here.


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