Cryptocurrency platform Gemini Friday, June 6, he had confidentially submitted a registration declaration project with the Commission of securities (Sec) for a first public offer.
The company said in a press release that he has not yet determined the number of actions to offer or the price range for the offer offered.
“The initial public offer should occur after the SEC has completed its examination process, subject to the market and other conditions,” Gemini said in the press release.
The announcement came one day after Financial internet circleThe company behind the USDC Stablecoin, made its debut on the New York Stock Exchange (NYSE) and saw the price of its triple in stock by the end of the day.
By becoming a public, Circle joined Jamming,, Mara Holdings And Riot platforms As one of the few Crypto-Play companies to register in the United States
Gemini discussed the IPO of Circle’s size in his Weekly market updateBy saying: “The beginnings have represented a change of hope for a market for the IPOs which has been largely attenuated in recent years. And this has indicated that there is a huge appetite for a growing cryptocurrency company in an industry helped by a large macroeconomic move at the end of the end of the needles.”
It was reported on March 7 that Gemini had confidentially filed an IPO and worked with banks on the offer.
The same report indicates that the founders of Gemini, Brothers Cameron And Tyler Winklevoss was one of 30 Crypto business leaders and agency leaders present at the top of the digital assets of the White House held on March 7.
This news followed February reports that Gemini was considering a list this year but had not yet made a decision.
Gemini offers tools to buy, sell and store crypto, according to its website.
The company said in a May 13 blog That he has placed a series of display panels at Wall Street to remind the financial district that “the next generation financial system is there to stay”.
“Political decision -makers are advancing clearer legislation of cryptography, and blockchain guards become a characteristic of space,” said the post. “Institutions have adopted digital assets. The story has changed. “
