Exclusive-Winklevoss-founded crypto exchange Gemini taps Nasdaq as strategic investor, sources say
By Echo Wang
(Reuters) -Gemini Space Station, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has secured Nasdaq as a strategic investor as it moves forward with plans for a New York listing this week, according to two people familiar with the matter.
Gemini, which could raise as much as $317 million in the initial public offering, has already lined up Nasdaq to buy $50 million in shares in a private placement at the time of the IPO, the people said, asking not to be identified because the agreement is not yet public.
The investment is part of a partnership that will give Nasdaq’s clients access to Gemini’s custody and staking services, the people said. Gemini’s institutional clients will also have…
