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by: xpoolPosted on: August 19, 2025

Gemini Secures $75 Million Line of Credit from Ripple to Fuel Nasdaq IPO

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has secured a significant lifeline of $75 million from Ripple Labs to support its ambitious Nasdaq IPO plans. This strategic move comes amid Gemini’s struggle with heavy financial losses and dwindling liquidity, as it prepares for its highly anticipated listing under the ticker symbol GEMI. .

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