Gemini Secures $75 Million Credit Line from Ripple Ahead of IPO

Cryptocurrency exchange Gemini has secured a significant credit agreement with blockchain payments firm Ripple, potentially providing up to $150 million in financing before its planned initial public offering (IPO). The deal, disclosed in Gemini’s SEC filing, marks one of the largest inter-crypto company credit arrangements as digital asset firms prepare for public market debuts. This credit line will support Gemini’s expansion and operations during this crucial time.