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Business

Gemini Could Go Public Following White House Summit

Gemini has confidentially filed for an IPO, according to Bloomberg. The company is working with Goldman Sachs and Citigroup, and the IPO could happen this year.

Haider Jamal
March 8, 2025

Cautiously Optimistic

The news follows the U.S. SEC closing its investigation into Gemini after nearly two years. The investigation had been costly for the company, but the SEC decided not to pursue enforcement. Cameron Winklevoss criticized the SEC for its handling of the case.

The Winklevoss Twins

With the SEC’s investigation behind it, Gemini is now positioned for a major IPO, betting on the crypto market’s recovery and Trump’s policies to attract investors. Both Cameron and Tyler Winklevoss are cautiously optimistic about the future.

White House Summit

The filing also comes after Trump’s crypto-friendly White House summit, where he announced plans for a ‘Bitcoin (BTC) Strategic Reserve’ and the stockpiling of seized crypto assets. While some saw this as legitimizing Bitcoin, others were skeptical.

While Bitcoin held steady after Trump’s announcement, traditional analysts remain cautious due to broader economic concerns.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.