Nasdaq to Invest $50M in Gemini as Part of Strategic Partnership
TLDR
Nasdaq will invest $50 million in Gemini as part of a strategic partnership to enhance crypto services.
Gemini plans to raise up to $317 million through its IPO, with Nasdaq’s investment supporting the offering.
The partnership will allow Nasdaq to integrate Gemini’s custody and staking services into its operations.
Gemini’s institutional clients will gain access to Nasdaq’s Calypso platform for managing trading collateral.
Nasdaq’s investment aligns with its broader strategy to expand into tokenized securities and digital assets.
Nasdaq will invest $50 million in Gemini as part of a strategic partnership. The investment is part of Gemini’s upcoming IPO, which is expected to raise up to $317 million. The collaboration will integrate Gemini’s custody and staking services with Nasdaq’s operations, providing mutual benefits to both companies.
Gemini Gains Access to Nasdaq’s Calypso Platform
Under the partnership, Nasdaq will offer Gemini’s custody and staking services. In return, Gemini’s institutional clients will gain access to Nasdaq’s Calypso platform. This platform allows clients to manage and track their trading collateral. The companies aim to improve the cryptocurrency and traditional finance intersection with this collaboration.
Gemini has confirmed that Nasdaq’s investment will be part of its IPO plans. “We are excited about this partnership with Nasdaq,” a Gemini spokesperson said. This investment signals Nasdaq’s growing interest in the cryptocurrency sector, with Gemini being a key player in this space.
Nasdaq Pushes into Tokenized Securities Market
Gemini is set to raise $317 million from its IPO, which will debut on Nasdaq. The $50 million private placement from Nasdaq will occur concurrently with the offering. This strategic move highlights Nasdaq’s commitment to expanding its crypto-related services, further solidifying its presence in digital assets.
Nasdaq’s involvement in Gemini’s IPO also aligns with its push into tokenized securities. The exchange filed with the SEC to allow tokenized securities trading. This decision signals Nasdaq’s broader focus on integrating blockchain-based products with traditional market operations.
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Filed under: News - @ September 9, 2025 11:31 am