Key Notes
With the US IPO, Gemini is targeting a $2.2 billion valuation and a Nasdaq listing under the ticker GEMI.
If successful, Gemini would become the third publicly traded US crypto exchange after Bullish (BLSH) and Coinbase (COIN).
The firm reported a net loss of $282.5 million on $68.6 million in revenue for H1 2025.
Crypto exchange Gemini, founded by Winklevoss twins, has revealed more details regarding its US Initial Public Offering (IPO) plan, seeking a valuation of a massive $2.2 billion. Crypto firms like Bullish (NYSE: BLSH) have had a blockbuster moment by making a Wall Street debut this year. Now, crypto exchange Gemini seems to ride this optimism further.
Gemini to Offer 16.6 Million Shares for US IPO
According to a Form S-1 registration statement filed with the US Se