Gemini Files For IPO Amidst $282M Loss Streak, Seeking Public Funding

Despite significant losses of $282.5 million in the first half of 2025, Gemini crypto exchange has filed an IPO listing on Nasdaq under ticker GEMI. This strategic move seeks public market capital to address urgent financial needs. 📈 💥 💰 The company’s recent SEC filings reveal substantial financial challenges impacting its operations, including declining cash reserves and a growing operational pressure due to persistent losses.