Gemini’s revenue declined and losses widened in the first half of 2025, with a net loss of $282.5 million on $68.6 million in revenue. Terms of its upcoming IPO were not disclosed. U.S. IPO activity has rebounded, with digital asset companies like Gemini seeking to tap public markets. Gemini plans to list on Nasdaq under the ticker symbol “GEMI” and will use IPO proceeds for general corporate purposes and debt repayment. Regulatory clarity and institutional adoption have boosted investor confidence in the crypto industry, with companies like Coinbase joining the S&P 500, indicating a shift from speculation to sustainability.

Read more at Yahoo Finance: Winklevoss twins’ Gemini reveals lower revenue and wider loss in US IPO filing