Gemini Aims for $2.2 Billion Valuation in Upcoming IPO

Crypto exchange Gemini, founded by Cameron and Tyler Winklevoss, is set to embark on an ambitious journey into public markets. The company has filed plans for a U.S. initial public offering (IPO), with a target valuation of up to $2.22 billion. Through this listing, it aims to raise capital to fuel further expansion in both the United States and Europe. Gemini’s IPO plans come amidst a growing trend of US-based companies going public, particularly in the crypto sector. Other notable players like Coinbase and Bullish have already experienced successful IPOs, raising significant funds through their listings.