Gemini, the crypto exchange founded by the Winklevoss twins, is planning for a public listing this week with Nasdaq as a strategic investor. Nasdaq will invest $50 million in Gemini, granting its clients access to Gemini’s services and vice versa. Gemini aims to raise $317 million through its IPO.

Gemini, one of the world’s largest crypto exchanges, is set to become the third publicly traded exchange after Coinbase and Bullish. Analysts believe Gemini’s IPO timing is ideal, following the success of Bullish’s IPO and pro-crypto regulatory clarity. The move aligns with a trend of favorable conditions for the crypto industry in 2025.

2025 has already witnessed Circle’s successful IPO, highlighting a positive trend for the industry. Gemini’s IPO marks a strategic move to leverage current favorable conditions. The company’s plans may be subject to change based on market conditions. Gemini aims to capitalize on the momentum seen in the crypto industry this year.

Read more at Yahoo Finance: Nasdaq to invest $50M ahead of hot IPO this week