Winklevosses’ Gemini Files for IPO as Crypto Listings Accelerate
Cameron Winklevoss and Tyler Winklevoss in Singapore.
(Bloomberg) — Gemini Space Station Inc., led by the billionaire Winklevoss twins, filed for an IPO as the cohort of crypto businesses seeking to list on public markets continues to swell.
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The New York City-based crypto exchange and custodian had a net loss of $282.5 million on $67.9 million revenue in the six months through June 30, versus a net loss of $41.4 million on revenue of $73.5 million in the same period a year earlier, according to a filing with the US Securities and Exchange Commission Friday.
Founded in 2014, Gemini has more than $18 billion of assets on the platform, the filing shows. In the first six months of this…