Gemini pursues IPO | Banking Dive
Gemini confidentially filed paperwork related to its initial public offering, the firm said June 6, becoming the fourth cryptocurrency-related firm to target listing in 2025.
The listing, expected “after the SEC completes its review process, subject to market and other conditions,” will be close on the heels of stablecoin issuer Circle’s. Circle’s stock (CRCL) opened on the New York Stock Exchange on June 5 at $69, more than double its $31 IPO price and well above the expected price range of $24 to $26.
CRCL was $117.98 at 1:30 p.m. Wednesday.
Crypto firms eToro, a social investment fintech, and Galaxy Digital, which creates crypto and artificial intelligence infrastructure,…
