Nasdaq Invests $50 Million in Gemini Ahead of IPO

Published by

Sohrab Khawas

September 9, 2025

Nasdaq plans to invest $50 million in Gemini, the cryptocurrency exchange founded by the Winklevoss twins, ahead of Gemini’s upcoming IPO. The exchange aims to raise up to $317 million and trade under the ticker “GEMI.” The partnership will give Nasdaq clients access to Gemini’s crypto custody and staking services, while Gemini’s institutional users can utilize Nasdaq’s Calypso platform for managing trading collateral. Despite a $282.5 million net loss in H1 2025, Gemini continues to be a leading player in U.S. crypto trading.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Published by

Sohrab Khawas

Tags: Crypto news

September 9, 2025

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