Gemini Secures Major Investment From Nasdaq Ahead of NY Stock Listing

Cryptocurrency exchange Gemini, founded by the Winklevoss twins, has secured a significant investment from Nasdaq ahead of its upcoming New York stock listing this week. Through a private placement agreement, Nasdaq will invest $50 million in Gemini shares. This strategic partnership will see Nasdaq clients gain access to Gemini’s cryptocurrency custody and staking services, while Gemini’s institutional clients benefit from Nasdaq’s Calypso platform for managing trading collateral.