The crypto exchange Gemini, owned by Tyler and Cameron Winklevoss, is considering an IPO. While a final decision has yet to be made, preparations could start this year.
Gemini's IPO Plans
According to Bloomberg, Gemini is considering an IPO. This comes as U.S. President Donald Trump promotes the country as the "world capital of AI and crypto." His administration aims to create a more supportive regulatory environment for digital assets.
Expansion in Europe
Gemini is actively expanding its operations in Europe. In January 2025, the company hired three senior executives to lead its European expansion. This move follows the approval of a Virtual Asset Service Provider license in France in November 2024.
Legal Issues and Disputes
Gemini reached a settlement with the Commodity Futures Trading Commission (CFTC), agreeing to pay a $5 million fine and to avoid making false statements in the future. The firm is also facing lawsuits from the SEC and the New York Attorney General, who have accused Gemini of deceiving investors.
Gemini is continuing its efforts in expansion and resolving legal issues, potentially strengthening its position ahead of the possible IPO.
