Winklevoss twins’ crypto company Gemini files for IPO
Another crypto company is headed for the public markets. This time, it’s Gemini Space Station Inc., the New York-based crypto exchange and custodian bank founded by billionaire twins Cameron and Tyler Winklevoss.
The outfit, which plans to list on the Nasdaq Global Select Market under the symbol GEMI, was founded in 2014 and operates as an exchange and custodian that offers a number of products and services, including a U.S. dollar-backed stablecoin and a credit card that offers rewards in crypto.
The company’s S-1 document, which was filed Friday after markets closed, provides a look at its finances. The upshot: Gemini appears to have widening net losses. The company reported a net loss of $158.5 million on $142.2 million…
