Winklevoss-Backed Crypto Group Gemini Files for Wall Street IPO
- Gemini, a cryptocurrency platform founded by billionaire brothers Tyler and Cameron Winklevoss, announced on Friday that it has submitted a private registration for an IPO in the United States.
- This filing comes shortly after several recent successful crypto listings, including stablecoin issuer Circle's highly successful market debut earlier this week at the New York exchange.
- Gemini operates a trading platform that supports more than 70 crypto tokens but has not yet set the size or price range of its offering.
- Matt Kennedy of Renaissance Capital noted that, given Circle's trading performance, it would be unwise for crypto firms preparing for IPOs to delay their public listings, indicating growing optimism in the market.
- Gemini's IPO move signals growing investor appetite and may solidify crypto's integration into traditional financial markets amid evolving regulations and market volatility.
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Read Full ArticleWinklevoss twins' Gemini crypto exchange confidentally files for IPO
Gemini, a crypto exchange run by billionaire twins Tyler and Cameron Winklevoss, on Friday disclosed it had confidentially filed for a US initial public offering, as digital asset firms seize on renewed market momentum.
·New York, United States
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Winklevoss-backed crypto group Gemini files for Wall Street IPO
Filing comes a day after stablecoin operator Circle surged in its public debut
·London, United Kingdom
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