Gemini Crypto Exchange Gears Up for Public Listing After Circle's Successful IPO
David ClarkeNew York-based cryptocurrency exchange Gemini said Friday that it had filed the paperwork with the SEC to go public.[...]
Gemini Crypto Exchange Gears Up for Public Offering
In a significant move, the New York-based crypto exchange Gemini has announced plans to go public. The company has confidentially filed a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO).
This announcement comes just a day after the shares of USDC issuer Circle began trading on the New York Stock Exchange, with the price of CRCL nearly quadrupling its offering price in Friday trading.
The details of Gemini's IPO, including the number of shares to be offered and the expected price range, have not yet been disclosed. However, this step marks a significant milestone for the cryptocurrency exchange as it looks to expand its reach and solidify its position in the rapidly evolving digital asset landscape.
As this is a developing story, further updates and details on Gemini's public offering plans are expected to be released in the coming weeks and months.
