The Winklevoss Twins Are Eyeing $2.22 Billion Crypto IPO
The Winklevoss twins are aiming for a $2.22 billion IPO for their cryptocurrency exchange Gemini, the company announced in a press release on Tuesday.
Crypto is having a moment thanks to the Trump administration’s lax regulatory policies. Meanwhile, the IPO market is heating up again with splashy debuts from other tech stocks like Chime and Figma. The two factors combined make for a particularly profitable environment for crypto-related stocks and IPOs.
When it debuts, Gemini will become the third publicly traded crypto exchange in the U.S., joining Coinbase and Bullish. Coinbase went public in 2021, and Bullish pulled off a blockbuster debut in August.
Gemini confidentially filed for an…
