In a new venture for the Winklevoss twins Tyler and Cameron, digital asset exchange Gemini is preparing to launch a new cryptocurrency block trading service on April 12th.

The service will enable investors to buy or sell large quantities of cryptocurrencies – such as Bitcoin. In financial terms, a block trade sees a large number of equities or bonds traded at an arranged price between two parties -sometimes outside of an open market – to lessen the impact on the price of a security (in this case, a cryptocurrency).

Block trades typically involve closed-door negotiations on both quantity and price and are later announced to a market with a time delay to prevent an erroneous market signal.

Gemini’s block trading service is scheduled to go live on April 12th at 930am New York time, where trade information will be published on Gemini’s market feeds ten minutes after a transaction has been executed.

Gemini – and other digital currency exchanges – typically offer order-book trading; the move to block trading signals that the service is now ready to join both the equity and futures market in offering block trading.

Gemini, of course, provides pricing data which informs Cboe’s Bitcoin futures contracts – yet it remains to be seen if Gemini might one day offer futures contracts of its own.

It also remains to be determined if Gemini will proceed to list new digital currencies and accordingly expand its operations further – Tyler and Cameron Winklevoss have revealed that Bitcoin Cash and Litecoin could be new additions to the service following their listing at some point in 2018.

The businessmen have recently expressed their bullishness despite a waxing and waning market; speaking broadly on the impact of Cboe’s futures contracts, Tyler Winklevoss elaborated that the contracts had “gotten off to an incredible start” – adding that “In 2018, you’re really going to see institutions and Wall Street really get in, and it’s going to look very different”.