Brazil blockchain goes postal, Gemini, Kraken IPO plans and more
The post Brazil blockchain goes postal, Gemini, Kraken IPO plans and more appeared on BitcoinEthereumNews.com.
Crypto exchange Gemini to file for initial public offering Gemini is reportedly mulling an initial public offering this year, with Goldman Sachs and Citigroup involved in the process. The exchange, founded by billionaire twins Cameron and Tyler Winklevoss, has not made a final decision about the details of the listing, according to a March 7 Bloomberg report, which cited people familiar with the matter. Gemini did not immediately respond to Cointelegraphs request for comment. This comes as the United States Securities and Exchange Commission closed its investigation into Gemini on Feb. 26, adding to a growing list of firms that have escaped the regulator’s scrutiny for now. In 2021, Coinbase became the first crypto exchange to go public in the US, listing shares of its stock on the Nasdaq. Kraken joining the initial public offering club Crypto exchange Kraken is also reportedly planning to go public, with a possible IPO slated for early next year, according to a March 7 Bloomberg report, also citing people familiar with the matter. Bloomberg’s sources claim Kraken is currently considering launching its IPO in the first quarter of 2026. However, the details are not yet set in stone and could change. Kraken did not immediately respond to Cointelegraphs request for comment. Crypto exchange-traded fund issuer Bitwise predicted that at least five crypto unicorns would go public in 2025, including stablecoin issuer Circle and crypto exchange Kraken. The SEC agreed to drop its lawsuit against Kraken on March 3. The regulator sued Kraken in November 2023, claiming the crypto exchange illegally operated as a securities exchange without first registering. It also argued that Payward Inc and Payward Ventures, which operate as Kraken, have violated securities laws since 2018. Kraken denied all allegations. El Salvador closes then reopens vet hospital funded through Bitcoin profits A veterinary…
Filed under: News - @ March 10, 2025 4:19 am