Gemini, the cryptocurrency exchange backed by billionaire Winklevoss twins Tyler and Cameron, is reportedly considering an initial public offering in the US.
Cryptocurrency exchange Gemini is reportedly considering an initial public offering (IPO) in the US this year, multiple sources told Bloomberg on Monday.
The Winklevoss twins-backed exchange is said to be consulting potential advisers on the IPO, people familiar with the matter told the publication. However, a final decision on the matter is yet to be made, and the listing plan is still subject to change, the sources added.
Founded in 2014, Gemini is one of the first cryptocurrency exchanges in the world. The exchange is currently valued at $7.1 billion, making it one of the largest crypto exchanges in the US.
In recent months, several crypto companies have expressed interest in potential IPOs. Stablecoin issuer Circle, trading platform eToro, crypto exchange Kraken and Bullish Global are among those said to be considering an IPO this year.
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