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Gemini, a crypto exchange, plans a $316.7M IPO on Nasdaq, with Nasdaq investing $50M.
Gemini, a crypto exchange founded by the Winklevoss twins, is planning to go public with a $316.7 million IPO on Nasdaq, listing 16.66 million shares.
Nasdaq is investing $50 million in the company, providing both capital and market access.
Gemini oversees over $18 billion in assets and has seen significant growth in trading volume and revenue.
However, the company also has a debt-heavy balance sheet and a history of regulatory issues.
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Gemini, un intercambio de criptomonedas, planea una OPI de $ 316.7 millones en Nasdaq, con Nasdaq invirtiendo $ 50 millones.