CryptoGemini explores IPO as crypto firms push listings

Gemini explores IPO as crypto firms push listings

-


Key Takeaways

  • Gemini is exploring an initial public offering potentially as early as this year.
  • Several major crypto companies are preparing for IPOs, including eToro and Circle.

Share this article

Gemini, the crypto exchange led by Cameron and Tyler Winklevoss, is exploring an initial public offering that could take place as early as this year, according to sources familiar with the situation.

The company is currently in talks with potential advisors, but nothing has been finalized yet. Gemini now joins a growing list of major crypto firms considering public market debuts, driven by a surge of optimism fueled by the recent pro-crypto government stance.

As the largest among these companies, Gemini’s move stands out and could set the tone for others.

Bullish Global, a crypto exchange operator backed by Peter Thiel, is working with Jefferies Financial Group and JPMorgan on a potential IPO this year.

Social trading platform eToro has confidentially filed for a US IPO, targeting a valuation above $5 billion. The company aims to list in New York by the second quarter of 2025 with Goldman Sachs, Jefferies, and UBS managing the offering.

Circle, the company behind the USD Coin (USDC) stablecoin, has also submitted confidential IPO paperwork to the Securities and Exchange Commission and awaits regulatory approval.

Ripple, the firm associated with XRP, also has stated its intention to go public, but ongoing SEC legal challenges have complicated its timeline, making a 2025 listing unlikely.

Share this article





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

GMX crypto price outlook after team explains $40m hack

The GMX crypto token nosedived on...

Bitcoin nodes protesting OP_RETURN change hit all-time high

Knots, an alternative client for Bitcoin full nodes, has grown in popularity as Core developers appease corporate interests...

The Boom 4 Bluetooth Speaker Is Cheaper Than Ever for Prime Day

Looking for a better soundtrack to your backyard adventures this summer? Prime Day delivers, with this excellent Ultimate...

Traders Busted as $512M in Crypto Liquidations Happened After $BTC’s Almost New ATH

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial...

Advertisement

CZ called pardon reports false, now he’s applying for one

According to CZ, he only applied for a pardon two weeks ago, after Bloomberg and the Wall Street...

Must read

Bitcoin nodes protesting OP_RETURN change hit all-time high

Knots, an alternative client for Bitcoin full nodes,...

You might also likeRELATED
Recommended to you