Key Takeaways
- Gemini is considering an IPO as soon as this year, per Bloomberg.
- The exchange is in discussions with advisers, though no decision is final.
- Bullish, Circle, and Kraken are also exploring potential IPOs.
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, is exploring a potential initial public offering (IPO), Bloomberg reported on Feb. 6, citing sources familiar with the matter.
The exchange is currently in talks with advisers about a possible listing, though no final decision has been made.
If pursued, the IPO could take place before the end of 2025.
Market conditions support IPO plans
The potential IPO comes amid improving sentiment in the Bitcoin market, driven in part by President Donald Trump’s pro-Bitcoin stance.
Industry-wide trend
Other crypto firms are also considering public listings.
Bullish Global, the parent company of CoinDesk, recently hired Jefferies to assess a possible IPO, while firms like Circle and Kraken have also been reported to be evaluating similar moves.
Strategic milestone
A public listing for Gemini would mark a significant milestone for the exchange, which has been a key player in the U.S. Bitcoin market.
