Crypto Exchange Gemini seeks $2.2B valuation in IPO backed by Wall Street heavyweights
Gemini plans Nasdaq listing under ticker GEMI with $317M raise. Winklevoss twins’ exchange pitches itself as regulation-friendly. IPO funds earmarked for tech upgrades, products, and debt reduction. Gemini, the crypto…
Gemini taps Ripple to launch limited edition credit card with 4% XRP cashback
The exchange has partnered with Ripple to launch a limited edition credit card. Users will enjoy up to 4% XRP cashback on their day-to-day purchases. Ripple’s RLUSD stablecoin to simplify…
SEC drops investigation against Gemini, no action taken
The SEC has dropped investigations against Coinbase, Robinhood Crypto, and Uniswap Cameron Winklevoss said the result does “little to make up for the damage” done He said there should be…
Gemini receives in-principle approval for an investment firm license in Malta
The approval marks a significant step for Gemini which has picked Malta as its EU hub for its MiCA application Gemini will be able to offer customers perpetual futures contracts…
Crypto exchange Gemini weighing IPO: report
Gemini is reportedly considering an initial public offering. Bloomberg reports that the Winklevoss twins’ company is in talks with potential advisors. Gemini, the cryptocurrency exchange backed by billionaire Winklevoss twins…
Gemini officially launches its platform in France following its DASP registration
Gemini launches in France after securing DASP registration in January. The launched platform supports 70+ assets, euro deposits, and institutional trading tools. France’s crypto growth and MiCA regulations drive Gemini’s…
Gemini announces exit from the Canadian market
Gemini exits Canadian market, citing strict regulations and compliance costs. Users must withdraw funds by Dec. 31 as all accounts will close by that date. Canada’s new crypto rules, set…
New York recovers $50 million from Gemini for defrauded investors
New York Attorney General Letitia James has recovered $50 million from Gemini Trust, with this being money defrauded from Gemini Earn users. The recovered money will be used to repay…
Gemini Earn users get $2.18 billion in crypto, representing 232% recovery
Gemini Earn users get $2.18 billion in digital assets back, which represents a 232% recovery. Users will receive 100% of their crypto back, with the initial distribution representing 97% of…
Genesis agrees to $21M SEC settlement over Gemini Earn
Genesis settles $21M SEC penalty, permanent injunction for Gemini Earn violations. SEC Chair Gensler emphasizes crypto compliance with securities laws. Genesis authorized to sell $1.6B GBTC assets. Genesis Global Capital…