Gemini Exchange Files for IPO Amid Crypto Business Growth

Reported about 23 hours ago

Gemini Space Station Inc., the cryptocurrency exchange co-founded by billionaire twins Cameron and Tyler Winklevoss, has filed for an IPO as more crypto companies seek public listings. Despite a significant net loss of $282.5 million in the first half of the year, Gemini reports over $18 billion in assets. The move follows a recent surge in crypto IPOs, supported by favorable regulations from the Trump administration. The offering will be led by Goldman Sachs and Citigroup, aiming for a Nasdaq debut under the symbol GEMI.

Source: YAHOO

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